Agreements aimed at consolidating operations, advancing waterfront development, and optimising asset use were exchanged during the event. The Mumbai Port Authority, India’s oldest major port on the west coast, marked its 154th Foundation Day by announcing 63 projects worth a total of ₹50.29 billion across three phases. These include seven projects for inauguration valued at...
Tag: Port projects
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Eventful journey ahead
After a hiatus in 2014, there are emerging signs of takers for PPP projects in some of the sectors, including ports. Baring some shortcomings, PPPs have achieved resonable success rate. However, it is too early to say that they have been a grand success.
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Thinking Afresh
A quality transition to the planned expansion will require a huge capital investment in electricity, railways, roads, ports, airports, irrigation, water supply and sanitation systems.
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Need to focus on efficiency enhancement
Capacity constraints, low level of mechanisation, low pace of project execution, lack of last mile connectivity, shallow drafts, etc., are the factors that affect cargo handling of the major ports, states Ravi Parmar
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Govt awards 10 port projects in FY-15
The government awarded 10 port projects worth Rs 9,376.43 crore under the PPP mode in the last fiscal.
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Ministry achieves target of port projects
Union Shipping Ministry has met the FY14 target of awarding 30 port projects, which entail an investment of over Rs 21,000 crore, adding 217 million tonne in the annual additional capacity. Unoin Shipping Minister GK Vasan said the target has been achieved with almost a full month to go on the back of changes in policies. He said during the past four years, it has awarded 88 new projects requiring an investment of Rs 42,953 crore.
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India awards 13 port projects during April-Nov
During the last April-November period, the Union Shipping Ministry has awarded 13 port projects with a total capacity of 80 million tonne (mt). Last year, the Centre had awarded 14 PPP port projects. This is 30 per cent less than the total capacity of 114 mt awarded last year at an investment of Rs 5, 515 crore.
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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.
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Port Modernisation
The Union Government has taken up modernisation and expansion of 43 port projects at a cost of Rs 12,000 crore to add about 220 million tonne capacity to the ports. The capacity of all major ports was 744.91 million tonne per annum as on
31 March 2013.
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Govt takes up port modernisation at Rs 12,000 cr
The Union government has taken up modernisation and expansion of 43 port projects at a cost of Rs 12,000 crore to add about 220 million tonne capacity to the ports. This was stated by the Union Minister of State for Shipping Milind Deora in THE Rajya Sabha on August 29. The capacity of all major ports was 744.91 million tonne per annum (MTPA) as on March 31, 2013.
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