Sri Lanka Ports Authority is taking steps to develop the port infrastructure around the country in order to pursue the national government's aim of making the country the Regional Maritime Hub by leveraging its unique geographical location. Recently, the authority completed dredging work at the Access Channel, the Harbour Basin and the Access Chan
Tag: project
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Ministry gives green nod to Anketell port project
API Management Pty received conditional approval from the Australian environment ministry for its proposed Anketell Point port project in the western part of the country. API Management is a joint venture between coal miner Aquila Resources and mining investment company American Metals and Coal International (AMCI). The firm wan
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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
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Centre asks UT to set up SPV for metro rail project
At a review meeting, the union government asked the union territory of Chandigarh to form a special purpose vehicle (SPV) on the lines of Delhi Metro Rail Corporation (DMRC) for implementing tri-city metro rail project. The proposed project consists of two corridors Ăâ one running on a North-South axis and the other oriented East-West. From North to South the metro syst
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AP govt gets request to transfer lease to Bramhani Steel
Some political parties urge the Andhra Pradesh government to transfer the mining leases alloted to Obulapuram Mining Company (OMC), which is facing charges of illegal mining, in favour of Bramhani Steel. Former Karnataka Minister Gali Janardhana Reddy and his brothers are the promoters of Bramhani Steel. They also own the
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AAI set to get land for two airport expansion projects
According to media reports, the Tamil Nadu government is set to handover land for the expansion of Madurai and Tuticorin airports to the Airports Authority of India (AAI). For the Madurai airport project, the state government is set to issue acquisition notification, while for the Tuticorin project, the process of issuing acquisition notification would be completed soon, reports indic
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PNGRB to open bids for CGD project
Petroleum and Natural Gas Regulatory Board (PNGRB) would soon open the technical bids submitted by oil and gas firms for launching city gas distribution (CGD) business in key cities. After clearing the technical bids, the downstream regulator would open financial bids for the third round of auct
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Gas-based power plants need 72 mscmd gas
Media reports quoted a top source from the union power ministry as saying that natural gas-based power plants in the country need 72 mscmd of gas to operate at 75 per cent plant load factor. However, at present they get only 27 mscmd gas, which enable them to operate at only 29 per cent plant load factor, reports suggest
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Environment ministry seeks details from GSPC
Union Ministry of Environment and Forests has reportedly asked Gujarat State Petroleum Corporation (GSPC) to submit details on certain critical environmental issues identified during laying of pipeline for its project in Andhra Pradesh. It may be noted that the company is laying pipeline for transporting natural gas from Deen Dayal West block in KG Basin in KG-OSN-2001/03
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Report points to slow capacity addition in major ports
The Parliamentary Standing Committee on Transport, Tourism and Culture remarked pointed out to the slow pace of capacity adddition in major ports and said this was lagging behind capacity addition in private ports. In a report tabled in the Parliament, the committee said the government's aim to raise the capacity of the 12 major ports to 1,229.24 million tonne (mn t) by 2017 is a