The board of trustees of VO Chidambaranar port would decide on the bid submitted by Transstroy (India)
to build a Rs 355 crore berth for loading 7.28 mn t of thermal coal and copper concentrates a year. Transstroy has reportedly quoted a revenue share price bid of 28 percent. Transstroy (India) is said to be having a technical tie-up with RussiaÂ’s Corporation Tran
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Port to decide on bid for cargo berth contract
Odisha govt received less guarantee from port developers
According to a report by the Comptroller & Auditor General (CAG), the Odisha government received less performance guarantee from minor port developers than that prescribed by the model concession agreement. For example, the developer of Astaranga port agreed to pay only 1 per cent performance guarantee as agai
India welcomes Germany to invest in shipping sector
During his talks with a high-level German delegation, Union Shipping Minister GK Vasan asked German firms to invest in the shipping sector. Recently, a delegation led by Parliamentary State Secretary of the German Federal Ministry of Economics and Technology, Hans-Joachim Otto called on Vasan
State govt asked to cancel port projects
The opposition party in Odisha wants the state government to cancel all the agreements signed between the state and different private sector companies for the implementation of the port projects. The demand comes following the tabling of a report by the Comptroller and Auditor General (CAG) in the s
Ministry to exempt new projects from TAMP norms
Shipping ministry decided to exempt the regulation of the fixation of tariffs by the Tamp (Tariff Authority for Major Ports) for new port projects. However, the decision to abolish the tariff setting regulator's oversight is "in principle", the ministry said. The move would enable private players to take deci
Ministry to exempt new projects from TAMP norms
Shipping ministry decided to exempt the regulation of the fixation of tariffs by the Tamp (Tariff Authority for Major Ports) for new port projects. However, the decision to abolish the tariff setting regulator's oversight is "in principle", the ministry said. The move would enable private players to take deci
Shipping ministry expects to award all 42 projects by March
By March 2013, union shipping ministry expects to award all the 42 port projects targeted during 2012-13, Minister for Shipping GK Vasan informed reporters. Speaking to media persons, Vasan said most of these projects are for capacity addition, deepening of chan
Shipping ministry expects to award all 42 projects by March
By March 2013, union shipping ministry expects to award all the 42 port projects targeted during 2012-13, Minister for Shipping GK Vasan informed reporters. Speaking to media persons, Vasan said most of these projects are for capacity addition, deepening of chan
TN govt moves forward in L&T’s port project
In a move that signifies the early inauguration of the Rs 4,000-crore L&T port-cum-shipyard at Kattupalli in North Chennai, Tamil Nadu government held talks with the firm on the issue of jobs. Reports suggest that officials from various ministries of the state government held discussions with the c
Odisha govt targets Rs 50 bn worth PPP projects
During the 12th Five-year Plan period (2012-17), Odisha government plans to commission Rs 5,000 crore worth PPP (public private partnership) projects. The state government has already operationalised 12 projects while nine are under various stages of construction. These are part of the 54 projects identified by the state government for implementation on the PPP mode