Paradip Port Trust (PPT) will have control over the Kanika Sands, an island off the Odisha coast, as the union shipping ministry cancelled the earlier notification extending the port limit of Kolkata Port Trust (KoPT) to cover the island. In a soon-to-be made gazette notification, the ministry decided to extend the jurisdiction of PPT to the island. At a high-level meeting with the Chief Secretary of Odisha and the chairpersons of both KoPT and PPT, the unio
FlashNews:
Integrated Exhibition Cum Convention Centre (IECC), better known as Bharat Mandapam, achieves prestigious GRIHA 4-Star Rating
REC Limited Signs Agreement with CVPPL, to provide ₹2147.508 Crore Term Loan to Develop 1000MW Pakal Dul Hydro Electric Project
NBCC Reports Robust 40% Surge in Net Profit
The time to invest in India’s energy sector is now, says PM Modi
India’s Oil Minister Urges Energy Justice to Ensure Equitable Global Energy Transition
How Budget 2025-26 May Bolster Investments in India’s Infrastructure Sector
REC Declares 3rd Interim Dividend of ₹4.30 per share; Net Profit up 23% to ₹4,029 crore
REC wins Gold Shield in ICAI Award for Excellence in Financial Reporting for the Financial Year 2023-24
Budget 2025: Key Highlights
Budget 2025: Key Announcements Impacting Real Estate
Rs 1 trn Urban Challenge Fund to Boost Infrastructure
FM Unveils Major Initiatives for Bihar in 2025 Union Budget
Budget 2025-26: Industry reactions
Budget 2025-26: Rs 1 lakh crore fund to transform cities
Budget 2025-26: India’s startup ecosystem gets Rs 10,000 crore Fund of Funds
NBCC Celebrates 76th Republic Day at Its Headquarters
RECPDCL Handovers HVDC Transmission Project’s SPV viz. Rajasthan Part I Power Transmission Limited to Adani Energy Solutions Limited
15th Cement EXPO: A Step Forward in Cement Innovation
MOU signed between NBCC and Hindu College for development of “Centre for Advance Studies”
Ore volume at PPT rises 329%
Paradip Port Trust (PPT) handled 329 percent more iron ore at 7.65 lakh ton during April-May 2013 compared to 1.78 lakh ton in the year-ago period. The strong growth in ore throughput from the port has given rise to hope of a revival in its export, which has been dwindling for the past couple of years. During the two months, the port witnessed rise in throughput in some other cargoes as well. The other item
PPT handles 42% more cargo in Apr-May
During April-May 2013-14, Paradeep Port Trust (PPT) handled 42.41 per cent more cargo volume at 11.55 million tonne (mn t) from 8.11 mn t handled in the year-ago period. This enabled the port reach the second slot among all major ports in the country in terms of total cargo handled and also traffic growth achieved during the period
Cargo handling at six major ports rise in April
During April 2013, cargo handling at six major ports rose from the year-ago month, while that of other seven ports contracted. Cargo handling at all the major ports taken together declined 2.58 per cent to 54.56 mn t during April 2013. Paradip Port Trust (PPT) is one of the six major ports which witnessed growth in cargo
Paradip port focuses on mechanising berths
SS Misra, Chairman of Paradip Port Trust (PPT) informed that the port management has given top priority to berth mechanisation and acquisition of two mobile harbour cranes. He said this while explaining the cargo volume handled by the port in April 2013. During the month, the port handled 5.65 million tonne (mn t) of traffic, thus posting 4.24 per cent growth over the same period
Cargo handling at PPT rises 4.2%
Cargo volume handled by Paradip Port Trust (PPT) rose 4.24 per cent to 56.55 million tonne (mn t) during 2012-13 compared to 54.55 mn t in the earlier year. The port raised its cargo handling capacity to 102 mn t in 2012-13 from 80 mn t last year following commissioning of the single point mooring for handling 320,000 tonne capacity vessels
Paradip Port may post growth in cargo handling
Reports indicate that Paradip Port may handle more cargo in 2012-13 that what it handled in 2011-12. However, the port may not be able to meet the target of 63 million tonne (mn t) set by the union shipping ministry. In 2011-12, the port registered 54.2 mn t cargo handling. During Apr-Dec 2012, the port handled 45 mn t car
Paradip Port awards Rs 210 cr contracts to Mercator
Odisha-based Paradip Port Trust awarded two contracts worth Rs 210 crore to the diversified conglomerate Mercator Group. In a communication to Bombay Stock Exchange, Mercators said the contracts pertain to maintenance dredging of the approach and extended approach channel
Paradip ore terminal project faces inordinate delay
The proposed iron ore terminal project at Paradip Port Trust (PPT) is facing inordinate delay because of lack of environment and forest clearances, and court cases over relocation of iron ore plots. Blue Water Iron Ore Terminal, a special purpose vehicle floated by the Hong Kong-based Noble Group, in partnership with Gammon Infrastructure Projects and MMT
PPT seeks waiver of license norms
Paradip Port Trust (PPT) is awaiting a positive response on its request to waive license norms for storing imported coal at its warehouse. The port is mandated to secure a storage licence and a transport license for all mineral transactions under the Odisha Mineral (Prevention of Theft, Smuggling and Illegal mining and Regulation of Possession, Storage and Tran