We are planning to raise Rs 2.9 lakh crore from the equity market, Rs 1.06 lakh crore from private investments and Rs 2.19 lakh crore from Central Road Funds (CRF) or toll-operate-transfer (TOT) or toll road (BOT) projects.
Tag: Port Sector
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IIFCL seeks Korean investment in Indian infrastructure
With an agenda to attract investment in India, the IIFCL has organised a one-on-one discussion of Indian infra developer with Korean investors. The Korean delegation was led by Kim Kyung Wook, Assistant Minister, Ministry of Land, Infrastructure and Transport, Republic of Korea and Song, Byung Hak, Managing Director, KDB Infrastructure Investment Asset Management Co Ltd.
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Setting up of port advisory committees opposed
Union government's plan to constitute Port Advisory Committees for major ports has been opposed by a section of trade union workers in the country's port sector.
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Setting up of port advisory committees opposed
Union government's plan to constitute Port Advisory Committees for major ports has been opposed by a section of trade union workers in the country's port sector.
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Govt earmarks Rs 74,000 cr for ports development
In this current 12th Five Year Plan (2012-2017), the Union Shipping Ministry has decided to earmark Rs 73,793.95 crore for port sector to develop various projects. India has a total of 187 minor ports and 13 major ports spread across its nine maritime states.
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AP attracts lion’s share in port investments
Andhra Pradesh has claimed that it has surpassed Gujarat in attracting private investments in the port sector during the first six months of the current fiscal. This was stated by K Pradeep Chandra, the Commissioner for Industrial Promotion, Industry and Commerce Department of the State.
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Global slowdown hits ports sector as well
The global economic slowdown has also hit the country's port sector. officials in the port industry say the same. Things are not likely to be rosy in the immediate future given the continuing global economic slowdown. It may not be the right time to start a container terminal as there is no visibility of cargo, says an official at Kattupalli Port, near Chennai, from where the first regular container service (from Kattupalli Port) will commence from September 19 to Singapore and Port Klang.
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Shipping Min set to abolish TAMP
In a bid attract more investment in the port sector the Ministry of Shipping is finally coming out with a decision to remove Tariff Authority of Major Ports (TAMP) control over major ports in this month end, a senior ministry official said here today. The move is one of the reform processes towards the de-regulation.
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Not yet out
Despite the current slowdown, the long-term outlook for the port sector continues to be strong, especially because of increasing demand for coal, containers, crude oil and POL, fertilisers, and steel. The government also has taken into cognizance the issues impacting the sector
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Mormugao Port expects 17.3 mn t cargo in 2012-13
The Mormugao Port located in Goa, is a premier iron ore exporting port on the west coast of India. This port lies midway between the ports of Mumbai and New Mangalore.
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