Odisha Chief Minister Naveen Patnaik informed at a conference that the state government was making use of the Geographical Information System (GIS) to prepare a Master Plan of 31 cities and towns in the state. It may be noted that master plans enable preparation and implementation of different schemes in a town. A Comprehensive Development Plan is also required for town planning and to provide basic infrastructure to
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Lack of infrastructure prevents IOC from investing in Canada
AMK Sinha, the director of planning and business development at Indian Oil Corp (IOC) informed reporters that lack of pipeline infrastructure in Canada is hindering the firm's investment plan in the country. Although the firm intends to invest in CanadaÂ’s energy sector to gain access to crude and natural gas exports, lack of infrastructure makes it very difficult, Sinh
Environment ministry clears ToR for report on Rs 99 bn project
Following the recommendation from an expert committee, the ministry of environment and forests (MoEF) approved the terms of references (ToR) for preparing environment impact report for the proposed 2,200 mw gas based project of ONGC. Oil & Natural Gas Corporation (ONGC) plans to set up the gas based power plant, which is second for the company after its 726 mw Tripura plant, in Maharashtra at a
Board of Cochin Shipyard to discuss disinvestment plan
The board of Cochin Shipyard would discuss the proposed disinvestment of government in the company when it meets in June. In a first disinvestment in the sector, the government plans to offload 10 per cent stake in the company. This is part of the Rs 54,000 crore divestment target set by the government for 2013-14. The target is almo
CCEA to consider Rs 845 cr Vizag Port project
The Cabinet Committee on Economic Affairs (CCEA) would decide on clearing the Rs 845 crore capacity enhancement project in Vishakhapatnam Port. The project involves upgradation of the existing facility and creation of an iron ore handling terminal. The terminal for handling iron ore would be set up on DBFOT (Design, Build, Finance, Operate and Transfer) basis in
Investors await clarity on tariff policy of govt
Some section of the union shipping ministry feels that private investors are keenly awaiting the government's decision on tariff norms in the port sector before investing. Particularly, private players are awaiting government's decision on a proposal to transform the Tariff Authority of Major Ports (TAMP) from a regulatory body into an appellate body. TAMP regulates tariffs in cent
Proposed port in AP to boost cargo volume from east coast
Industry chambers feel that the proposed Rs 8,000 crore major port in at Dugarajapatnam in Vakadu 'mandal' or block of Andhra Pradesh may boost export and import from the east coast and contribute to the economic progress of the state. It may be noted that the Cabinet Committee on Economic Affairs recently cleared the proposed port project, which is coming up on a 5,000 acre land in the stat
Users expect overcapacity from proposed projects
Exporters and importers, who use major ports, wonder whether the setting up of two container terminals, one each in the Chennai Port and Ennore Port (EPL) would create overcapacity. It may be noted that EPL is in the process of setting up a container terminal in two phases. The first phase costing over Rs 1,270 crore will have a capacity to handSources from the district administration of Jagtsinghpur in Odisha informed that only 70 acre of land is left to be acquired for the proposed 8 mn tpa gr
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
Capacity of proposed Afghan steel plant reduced
Considering the lack of evacuation and other infrastructure, an Indian consortium led by SAIL decided to reduce the planned capacity of an upcoming steel plant in Afghanistan. The consortium of three state-run and four private Indian players decided to set up a smaller plant with a capacity of less than 2 million tonne (mn t) to cater to Afgh