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CNG buses from Kochi to nearby districts

CNG buses from Kochi to nearby districts

1,000 CNG-powered buses that will be based in Kochi as announced in the state´s budget are expected to replace as many buses that will be pulled out of service over a five-year period from the Kerala State Road Transport Corporation (KSRTC).

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Kochi Metro Rail signs MoU with NPC

Kochi Metro Rail signs MoU with NPC

Kochi Metro Rail Limited and National Payment Corporation of India have signed an MoU to be associated with the roll-out of a common mobility card for greater Kochi area through the use of NPCI´s RuPay specifications for cards and payment terminals and other payment modes.

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Govt moots SPV for rail line project

Govt moots SPV for rail line project

The Kerala government would explore the possibility of forming a project-specific Special Purpose Vehicle (SPV) to implement the proposed Nilambur-Sulthan Bathery-Nanjangud rail line project by bringing in private sector and foreign partners with requisite expertise.

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Mobility solutions

Mobility solutions

The total investment required in urban transport works out to roughly about Rs.1 lakh crore per year for the next 20 years. It is important to find appropriate ways and means to be able to generate this kind of investment.The next phase of India´s growth is predominantly dependent on planned urbanisation and the key to planned urbanisation is robust.

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Petronet to let out Kochi facility

Petronet to let out Kochi facility

Petronet LNG is planning to let out its liquefied natural gas (LNG) storage facility at Kochi to an international operator to improve utilisation. The 5-million-tonne-a-year terminal is operating at just 5 per cent of its total capacity posing a heavy burden to the company, as it is not connected with pipelines´ network.

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Hike in THC at Vallarpadam

Hike in THC at Vallarpadam

Operator of Vallarpadam port in Kerala, DP World has decided to hike the terminal handling charges (THC) from 1 January. Hence shippers in Kochi will have to shell out more to move their goods. The Tariff Authority for Major Ports (TAMP) has allowed the international container transhipment terminal to increase THC by 3.48 per cent. DP World stated that the proposed hike would be according to the TAMP directive, which approved a 3.48 per cent increase in tariff charges for five years.

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