In a bid to become self-reliant in energy, the Ministry of Shipping has chalked out plans to install around 200 MW captive (150 MW solar and 50 MW wind) renewable power projects in as many as 11 major ports in India.
Tag: Ports
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Engineers’ edge
He pointed to the church he probably attended every Sunday as a boy, growing up in a small town in Pennsylvania in the US. His fingers moved across the screen of his mobile phone, as he flicked over the live images one after the other, pointing out a few more landmarks from his home-town.
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Smaller ports hit as vols dip; major ports sail on efficiency
In a reversal of trend, the major ports in the country have outpaced the non-major ones in cargo growth during the first six months of the current fiscal year.
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Implications on infrastructure
The amount of Rs.800 cr budgeted for ports and inland waterways appears to be below the potential of these sectors. The Union Budget 2016-17 lists infrastructure among one of the four priority areas.
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JSW eyes port asset acquisitions
JSW Group is looking for port assets as part of a strategy to expand ports capacity, its CFO Seshagiri Rao said. ĆĀ“
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No deals in shipping, ports for two years
Private equity firms have stayed away from investing in shipping, ports and logistics for two years in a row. ĆĀ“PEs have stopped coming into the sector and there is no easy money for the shipping business,ĆĀ“ G Shivakumar, CFO, Great Eastern Shipping, said in the third quarter earnings conference call.
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Kannur airport to be operational in Sept
The upcoming Kannur International airport will commence commercial operations in September. The DGCA has given clearance and a defence aircraft is to touch down on February 29, Ports and Excise Minister K Babu told reporters. ĆĀ“
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APM Terminals Pipavav announces Q3FY16 results
APM Terminals Pipavav (Gujarat Pipavav Port Ltd), operating one of western IndiaĆĀ“s gateway ports, today reported its financial numbers for the quarter ended 31st December 2015.
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Ministry of Shipping initiates Proj Green Port
Weighing in the environmental perspective for sustained growth, the Ministry of Shipping has started ĆĀ“Project Green PortsĆĀ“ which will help in making the Major Ports across India cleaner and greener.
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Govt to develop three new ports in 2016: Gadkari
As part of its plan to develop ports and boost maritime trade, the government would develop three major ports in the country this year.