Responding to President Pranab Mukherjee's suggestion to develop a new port near Kolkata, Belgium on October 3 assured the Indian government that it would look into the President's suggestion. The two countries have discussed cooperation in new areas like port management.
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Govt to run 20 airports under PPP mode
The Union Government has decided to operate, manage and develop 20 airports across the country through public-private partnerships (PPP), including Chennai and Kolkata
Centre clears 5 port projects
The Union Government has cleared five port projects in various ports. Four of the five projects are to come up at Chennai Port, Cochin Port, Kandla Port and Haldia Dock Complex in Kolkata.
Pvt firms to invest Rs. 4,250 cr in 6 airports
Private companies are likely to invest Rs 4,250 crore in airports at Chennai, Lucknow, Kolkata, Ahmedabad, Guwahati and Jaipur. The Union government has identified these airports for privatisation in the current financial year.
Dredging Corporation announces 20% dividend
A 20 per cent dividend has been declared by the Dredging Corporation of India (DCI) for 2012-13. The DCI registered 31 per cent growth in its operational income, which rose from Rs 485 crore to Rs 635 crore, DCI said in a press release.
Kolkata to get $400 mn ADB loan
To improve water and sanitation system in peripheral areas of Kolkata, Asia Development Bank (ADB) will provide $400 million loan. The
loan will help the city improve its water and sanitation system in peripheral areas of the fast-growing metropolis which are missing out on quality services, ADB said.
Centre clears 5 projects in ports
The Union government has cleared five port projects in various ports on September 24. Four of the five projects are to come up at Chennai Port, Cochin Port, Kandla Port and Haldia Dock Complex in Kolkata.
Chennai, Kolkata airports for pvt operation
The Union Government is to give away Kolkata, Chennai and four other airports to private players on an 'Operate, Maintain and Transfer (OMT)' basis for a period of 7-10 years.
A PPP expert
Pranab Majumdar, the General Manager and Head-BOOT Business Segment, VATech Wabag, is currently assigned as General Manager and Business Head of BOOT/PPP Segment in Water and Waste Water India and Global.
WB to implement LPG direct cash trasfer from Jan
In West Bengal, the Direct Benefit Transfer (DBT) scheme for LPG consumers will be implemented from January 1st by transferring the subsidy directly to consumers' bank account in three districts - Kolkata, Howrah and Cooch Behar.