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State govt must rectify error on metro project

State govt must rectify error on metro project

In order to implement the Hyderabad metro rail project successfully, the Andhra Pradesh government will have to rectify the technical error in terms of the Act governing the project. Earlier the Andhra Pradesh High Court said in its order that the project was being wrongly governed by the Tramways Act and unless it is changed to Metro Act it could not be called 'Metro

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Minister not satisfied with SAIL’s performance

Minister not satisfied with SAIL’s performance

Union steel Minister Beni Prasad Verma was not satisfied with the performance of Steel Authority of India (SAIL) on the whole and advised the company to take corrective measures immediately. Verma said this after reviewing the March 2013 quarter and the financial year 2012-13 performance of the firm. He expressed his concern on the progress of modernisation and expansion and directed the PSU to bring

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Odisha govt asks NEC to expedite Rs 74 bn project

Odisha govt asks NEC to expedite Rs 74 bn project

Odisha government urged Navayuga Engineering Company (NEC) to expedite work on the proposed all-weather port project at Astaranga in Puri district. The company has planned to develop the port at an estimated cost of Rs 7,417 crore, in the first phase, and handle 17.7 million tonne cargo. The state government also directed the concerned officers to accelerate the land acquisition process, both for the

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Odisha govt asks NEC to expedite Rs 74 bn project

Odisha govt asks NEC to expedite Rs 74 bn project

Odisha government urged Navayuga Engineering Company (NEC) to expedite work on the proposed all-weather port project at Astaranga in Puri district. The company has planned to develop the port at an estimated cost of Rs 7,417 crore, in the first phase, and handle 17.7 million tonne cargo. The state government also directed the concerned officers to accelerate the land acquisition process, both for the

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VPT’s Rs 8.4 bn project faces roadblock

VPT’s Rs 8.4 bn project faces roadblock

The union cabinet may have cleared the Rs 845 crore capacity enhancement and modernisation project at the existing iron ore facilities in the Visakhapatnam Port Trust. But labour unions are opposing the proposed project arguing that it may harm the interest of the port. Recently, United Port and Dock Employees Union staged a dharna in front of administrative building of the port against the approval of the Cabinet Committee of Economic Affairs

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NMPT handles 5.09 mn t cargo in 45 days

NMPT handles 5.09 mn t cargo in 45 days

Between April 1 and March 15, the New Mangalore Port Trust (NMPT) handled 5.09 million tonne (mn t) of cargo, 31.52 per cent higher than 3.87 mn t handled in the year-ago period. The port derived a large portion of its business from Mangalore Refinery and Petrochemicals as it handled 1.92 mn t (1.39 mn t) of crude oil and 1.05 mn t (0.5 mn t) of product cargo for the state-run firm during the above period

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Panel report raises concern on fall in cargo traffic

Panel report raises concern on fall in cargo traffic

The Parliamentary Standing Committee on Transport, Tourism and Culture raised concern over the negative growth of traffic in some major ports owing to decline in iron ore exports, slowdown in the economy etc. In a report submitted to the Parliament, the panel remarked that the decline in cargo volume was not a healthy trend especially at a stage where ports are heading for capacity additions

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Govt gets response from some countries for port project

Govt gets response from some countries for port project

Bangladesh government received response from governments of only a few countries for funding its proposed deep sea-port project at Sonadia in Cox's Bazar district. Earlier, the Bangladesh government invited proposal from
countries for participating in the port project. Proposals were sought from countries like India, China the United Stat

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Govt gets response from some countries for port project

Govt gets response from some countries for port project

Bangladesh government received response from governments of only a few countries for funding its proposed deep sea-port project at Sonadia in Cox's Bazar district. Earlier, the Bangladesh government invited proposal from
countries for participating in the port project. Proposals were sought from countries like India, China the United Stat

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Ennore port may award Rs 14 bn project before Dec 2013

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