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Andhra leads in port projects under PPP mode

Andhra leads in port projects under PPP mode

According to a study by the Associated Chambers of Commerce and Industry of India (Assocham) Andhra Pradesh (AP) ranks first in value terms in port projects that are in under construction in public-private partnership mode as of April 30, followed by Maharashtra. The study titled 'Port Developments in India' says Kerala stands first in value terms in port projects under bidding stage, followed by Maharashtra again.

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Maharashtra ranks 3rd in port projects under PPP

Maharashtra ranks 3rd in port projects under PPP

As on April 30, 2013, a total of five completed port projects worth over Rs 3,700 crore have been put to service delivery under the PPP model in in Maharashtra, a report by Assocham shows. The report, titled Port Developments in India shows that the state ranks second in under-construction and under-bidding port projects under public-private partnership (PPP), with a share of 15 per cent and 37 per cent, respec

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Govt pulls up DGCA for delaying action against flying clubs

Govt pulls up DGCA for delaying action against flying clubs

The Union Civil Aviation Ministry has pulled up the aviation safety regulator over delay in taking action against three flying clubs in Maharashtra caught for fudging training records in 2011. The schools under fire include the Bombay Flying Club (BFC), the country's oldest flying club. Despite several discrepancies in the club's records and heavy monetary penalty recommended against some of its officials, the Directorate General of Civil Aviation (DGCA) failed to implement timely action.

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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