Prime Minister Narendra Modi will soon be heading another body, a port infrastructure development initiative-National Sagarmala Apex Committee (NSAC). The PMĂ´s committee is expected to oversee a company, Sagarmala Development Company (SDC) with the Shipping Minister as its Chairman and the Shipping Secretary as the Co-chairman.
Tag: Port
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Visakhapatnam Port Trust chalks out Rs.3,000-crore plan
The Visakhapatnam Port Trust (VPT) has outlined a Rs 3,000-crore expansion-cum-modernisation plan aimed at enhancing the portĂ´s capacity by nearly 50 per cent.
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AP to scrap sops to private port developers
The Andhra Pradesh government would revoke orders issued by the previous Congress administration extending certain concessions to private port developers
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Govt plans Rail Corp for ports
To bolster port development, the Centre plans to set up a Railway Corporation exclusively to build rail connectivity to 12 major ports.
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Maharashtra puts port projects on fast track
Maharashtra Chief Minister Devendra Fadnavis has pushed two big port projects in the State. He is committed to investing in a railway connection for JSW SteelĂ´s Jaigad port and laid a foundation stone of the much-delayed private port.
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Rail Vikas Nigam to hold 10% in new ports infra entity
Government-owned Rail Vikas Nigam Ltd (RVNL) is to take 10 per cent equity in the new public sector unit (PSU) to be formed to enhance port connectivity through the railways.
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Infrascape 2015 – There is positive sentiment and business….
There is positive sentiment and business confidence in the new government and its vision Ă´Make in IndiaĂ´. With the new government focused on improving infrastructure development, we are optimistic that the infrastructure sector will gather pace in the coming years.
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Navayuga to sell stake in power co
Navayuga Power, a unit of CVR Group that operates the largest private port on IndiaĂ´s east coast
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Parsons Brinckerhoff to review AdaniĂ´s coal project
Adani Enterprises has appointed Parsons Brinckerhoff as consultants to manage contract reviews for its A$7 billion ($6.2 billion) coal mine, rail and port project as it looks to start production by the end of 2017.
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Cell for IranĂ´s Chabahar port project
The government has set up a cell to speed work and monitor the setting up of the Chabahar port in Iran within a deadline. The Jawaharlal Nehru Port Trust (JNPT) has nominated four officers for coordinating the work.