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Ministry clears Ponnani port project in Kerala

Ministry clears Ponnani port project in Kerala

The ministry of environment and forest (MoEF) gave approval to Malabar Ports Private Limited (MPPL) for setting up the Ponnani cargo port in Kerala. Following this, the Chennai-based construction agency
has applied for the final 'Consent for Establishment' to the state

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JN Port to take steps to kickstart Rs 8 bn project

JN Port to take steps to kickstart Rs 8 bn project

The board of the Jawaharlal Nehru Port Trust (JNPT) would soon take a decision to break the deadlock on the Rs 800 crore container loading facility project to be developed by DP World. The proposed facility, with a capacity to load 800,000 standard containers a year, is key to JN PortÂ’s expansion plans

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Some experts support splitting Rs 82 bn project

Some experts support splitting Rs 82 bn project

Even as the board of the Jawaharlal Nehru port (JNPT) decided to award the Rs 8,200 crore container terminal project through a single tender, some experts support the earlier decision of splitting the project. The earlier decision to split the contract into two was supported by the trade, terminal operators and consultants alike. They felt that splitting the project into two

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Bangladesh seeks clarity on container terminal project

Bangladesh seeks clarity on container terminal project

Bangladesh government sought clarification from the Indian government about the proposed container port project in Narayanganj by the bank of the Shitalakhya river. Narayanganj is a crucial port facility on the outskirts of Dhaka which is also used by Indian cargo vessels under the India-Bangladesh water transport protocol. It is learnt that the Bangladesh government was

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Odisha govt may make exit clause more stringent

Odisha govt may make exit clause more stringent

Reports indicate that Odisha government plans to tighten the exit clause for the promoters of non-major ports in the state. According to the revised norms, that is considered by the state government, original promoters of a non-major port must retain at least 51 per cent stake for three years from the date of commencement of com

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Govt forms group to monitor stalled projects

Govt forms group to monitor stalled projects

Rajiv Takru, Secretary, Financial Services department of the union finance ministry informed that the government formed a special group headed by an officer in the Cabinet Secretariat to monitor each of the stalled projects. He exuded confidence that the economy will recover from the current slowdown in the next three-six months. Owing to reasons like administrative delays, lack of environment clearances, 215 projects are stalled at vario

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SAIL chief inaugurates coke oven battery

SAIL chief inaugurates coke oven battery

CS Verma, Chairman of the state-run SAIL recently inaugurated a coke oven battery at the Rourkela Steel Plant, which is being modernised at an investment of Rs 12,000 crore. The battery is top charged having compound twin flue, under jet, regenerative heating with partial recirculation of waste gases. SAIL invested around Rs 1,40

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Power ministry expresses views on gas price hike

Power ministry expresses views on gas price hike

According to source-based information, union power ministry opined that base price of domestic natural gas beyond $5 per mmBtu is unviable for power sector. The ministry is learnt to have said this in a note to the
Cabinet Committee on Economic Affairs (CCEA), which would decide on whether to raise the price of domestically produced gas in line with the reco

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Kerala govt allots Rs 80 cr for bridge project

Kerala govt allots Rs 80 cr for bridge project

Kerala government allotted Rs 80 crore for the construction of the Edakochi-Kannangattu bridge, the state excise Minister K Babu said at a function on the completion of a Hudco project at Pampayi Moola. He also informed that the state government would conduct tendering process for the bridge project.
Piling has already been started on an experimental basis, the m