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Maharashtra govt frames new PPP policy

Maharashtra govt frames new PPP policy

The urban development department of the Maharashtra government framed a new policy in order to address issues, such as settling of claims and risk-sharing, arising out of delays in PPP (public private partnership) projects projects. The draft policy has been forwarded to the finance department for modifications. The policy was framed in order to rule out the possibility of disputes at a later stag

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Meet on funding Jaitapur nuke plant to be held in France

Meet on funding Jaitapur nuke plant to be held in France

To provide funds for development of 9,900 mw Jaitapur nuclear power project in Maharashtra, Nuclear Power Corporation (NPC), Areva and French banks and financial institutions will negotiate terms and conditions to provide funds for the development of 9,900 mw Jaitapur nuclear power project in Maharashtra. The meeting is scheduled to be held on June 5 & 6 in France.

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Port sector in India faces key challenges

Port sector in India faces key challenges

A study conduced by industry body Assocham found that port sector in India faces issues like uncertain relationship between major and minor ports, delay in clearances. Further, there is a debate on bringing minor ports under regulation of Tariff Authority for Major Ports (TAMP). According to Ravindra Sanareddy, Assocham Chairman (southern region), minor ports should be allowed to come up to a certain level, before bringing them

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First capesize vessel calls at Dighi Port

First capesize vessel calls at Dighi Port

Maharashtra-based Dighi Port handled the first Capesize vessel – MV ‘Luciana Della Gatta’ of 1.22 lakh DWT, loaded with coal recently. This is the maiden handling of large bulk carriers by the multi-purpose port, which is located 42 nautical miles from Mumbai. The port achieved a discharge rate of 800 tonne per hour in handling the coal cargo, Vijay Kalantri, Chairman and Managing Director, Dighi Port, said through a press release

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Maha’s tourist spots to get seaplane services

Maha’s tourist spots to get seaplane services

Mumbai is all set to get its first seaplane service to MaharashtraÂ’s most popular tourist destinations from next June itself. So, those who wish to travel to Lonavala, Shirdi, Murud-Janjira or Bhandardhara, they will have the option of flying to the mentioned tourist spots. This will also include a commuter service from Juhu to Nariman Point for just Rs 750.

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Kanpur airport to be connected with major cities

Kanpur airport to be connected with major cities

Kanpur (Ahirwan) Airport is poised for expansion. After the expansion, citizens of Kanpur can avail direct flights to Gujrat, Tamilnadu and Maharashtra. The airport will soon be extended as the land for it has been identified and soon the acquisition proceedings will be underway. According to Sub Divisional Magistrate, Kanpur, IP Uttam, the airport authority has identified a land of around 100 acres in Sheikhpur and Mavaiya villages.

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Uttam Galva, Posco mull Rs 160 bn steel project

Uttam Galva, Posco mull Rs 160 bn steel project

Reports suggest that Uttam Galva Steels is holding talks with South Korean steel major Posco to set up a 3 million tonne per annum (mn tpa) steel plant in Maharashtra at a cost of Rs 16,000 crore. Reports also indicate that both the companies plan to form a joint venture for the project and the world's leadin