RPS Kahlon, Chairman of Kolkata Port Trust (KoPT) informed that Concast-Hyundai and Adani Ports showed interest in developing the second dock facility at Haldia. KoPT wants to implement the Rs 1700-crore project, which involves setting up four berths at Salukhali named as Haldia dock II
Tag: PPP
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Vizag port seeks Rites’ suggestion for Rs 6.3 bn project
Visakhapatnam Port Trust (VPT) mandated Rites to study the revenue sharing model for the proposed Rs 634-crore second container berth project at the port. VPT roped in Rites to suggest a revenue sharing model because it is not satisfied with the revenue share offered by Visakha Container Terminal Private Limited (VCT
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Maharashtra govt frames new PPP policy
The urban development department of the Maharashtra government framed a new policy in order to address issues, such as settling of claims and risk-sharing, arising out of delays in PPP (public private partnership) projects projects. The draft policy has been forwarded to the finance department for modifications. The policy was framed in order to rule out the possibility of disputes at a later stag
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Odisha govt to develop critical infrastructure
Odisha Chief Minister Naveen Patnaik informed that the state would focus on developing critical infrastructure mainly electricity, roads and water to ensure faster and balanced socio-economic development. He said this after meeting Planning Commission Deputy Chairman Montek Singh Ahluwalia to finalise the annual plan outlay for the state
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Ministry studies models proposed by Plan panel
Union coal ministry is studying two-three models proposed by the finance ministry and the Planning Commission for carrying out coal mining projects on the public-private partnership (PPP) mode.
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Banks to fund road projects if NHAI readies 80 per cent land
If the National Highways Authority of India (NHAI) made available at least 80 per cent of the land required for public-private partnership (PPP) road projects, banks can now start lending.
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Experts speak on renegotiation of contracts
Some experts argue that the government can allow renegotiation of contracts for infrastructure projects being carried out on public-private partnership (PPP) basis.
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India implements Rs 830 bn worth port projects under PPP
A study by Assocham shows that 62 public-private partnership (PPP) projects in the port sector worth Rs 82,000 crore are in different stages of implementation across different maritime states.
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Ennore port may award Rs 14 bn project before Dec 2013
Unconfirmed media reports indicate that Ennore Port
expects to award the contract for its Rs 1,407 port-cum-terminal project before December and the project may be completed in 30 months. The size of the terminal has been revised from the earlier 1,000 metre to around 750 metre, reports suggest. At its recent board meeting, the port decided to a float fresh tender for the
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Federation suggests ports to avoid PPP projects
Water Transport Workers Federation urged the Chennai Port to develop the proposed mega container terminal of its own instead of awarding the project to a BOT or PPP (public private partnership) operator. This is one of the demands made by the federation in its representation submitted to the Union Shipping Secretary recently. The other demands include full budgetary support for the development of the outer harbour project at VOC Port