The Odisha Industrial Infrastructure Development Corporation (IDCO) has initiated the process to handover land identified for a coal terminal of Essar Steel at Paradip after getting green signal from the government.
Tag: Ports
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Govt to review MCAs for PPP projects
The Union Government will review model concession agreements (MCAs) for public private partnership (PPP) projects across sectors to assess the possibility of moving from a cost-plus basis to predetermined rates while awarding contracts
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ILFS IML to raise $1 bn
IL&FS Investment Managers Ltd (ILFS IML), the private equity arm of IL&FS, will raise about $1 billion (Rs 6,000 crore) from primarily overseas investors to invest in roads,
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PEL partners with APG for $1billion infra JV
Piramal Enterprises Ltd (PEL) is tying up with the worlds second largest pension fund APG Asset Management (APG) to invest $1 billion in Indias roads, ports, airports, power plants, telecom towers, the education and healthcare sectors.
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KPT bags quality award
Kandla Port Trust (KPT) has won the Quality Mark Awards 2014, organised by Quality Mark Trust. It was adjudged the best for its quality services in the ports and shipping category.
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Major ports to double capacity
Union Shipping Minister Nitin Gadkari said Indias 12 major ports will double their cargo handling capacity to 1,600 million tonne per annum (MTPA) in the next five years from the current level of 800 MTPA.
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Corporatisation of major ports
The Union Government is planning to convert 12 of the 13 major ports into companies to improve efficiency and competitiveness. The ports currently operate as trusts. The shipping ministry has initiated the process for appointing a consultant for corporatisation
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vox pop | A crucial link
With a stable government at the Centre, focusing on reviving and scaling India´s economic growth rate, India´s warehousing space is at the helm of tremendous growth. As companies scale their sentiments
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How can ports be put on the fast track to development?
The ports sector has undergone considerable change since the nineties, but reforms and development have taken a backseat. Janaki Krishnamoorthi examines various approaches to boost this crucial sector.
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The government has taken several initiatives to enhance port capacity
Janardhana Rao, Managing Director, Indian Ports Association, speaks to Janaki Krishnamoorthi about the reforms underway in major ports.