The Ministry of Railways and its PSU Indian Railway Finance Corporation, hosted a meeting of banks & financial institutions in late July to sensitise
Tag: modernising
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Vizag port takes up expansion at Rs 4,500 cr
To expand its cargo handling capacity, Visakhapatnam port plans to spend Rs 4,500 crore. The port's existing capacity is 65 million tonne (mtpa) and it plans to enhance it to 110 mtpa by 2015-16. The expansion plan includes setting up of 3-4 new berths besides modernising the existing berths towards fully mechanised ones.