Citing adverse effect from pollution, TDP leader and former minister Bandaru Satyanarayana Murthy opposed any move to transporting coal by road from the general cargo berth in Visakhapatnam Port. At a press conference, Murthy opposed the transportation of coal by road stating it would bring back the pollution
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ICRA report points to decline in mkt share of major ports
A report by ratings agency ICRA shows the market share of non-major ports rose to 42 per cent in 2012-13 from 39 percent in the previous year because of their efficient operation. Thus, in 2012-13, market share of major ports declined to 58 per cent of the total throughput, compared to 61
GAIL wants Petronet to renegotiate price of Aussie gas
GAIL India wants Petronet LNG to renegotiate the pricing agreement it signed for importing LNG from Australia's Gorgon project. Petronet LNG signed the agreement in August 2009
and under this, the company would import 1.44 million tonne per annum of liquefied natural gas (LNG) at a
GAIL to await govt decision on pipeline project
BC Tripathi, Chairman of GAIL (India) said the firm would wait one month for the Tamil Nadu government to take a decision on the company's natural gas pipeline project which passes through the state. GAIL is implementing an ambitous Kochi-Koottanad-Bangalore-Mangalore natural gas pipeline project and it passes through seven districts in Tamil Nadu — Coimbatore, Tirupur, Erode, Namakkal, Sale
Steering group finalises deadline for infra projects
A meeting of the Steering Group appointed by the Prime Minister to accelerate Infrastructure Investment in its first meeting has finalized deadlines with time lines for the intermediate steps for key infrastructure projects. The progress on the intermediate steps will be monitored on a regular basis. The deadlines will ensure that Ministries or Departments are clear about not just the over
Cabinet to decide on Rs 372 bn refinery project
Media reports indicate that the union cabinet would soon decide on clearing the Rs 37,230 crore refinery project at Barmer, Rajasthan. It is learnt that the central government prepared a note for the cabinet on this project, which is promoted by the state-run Hindustan Petroleum Corporation (
VPT faces delay in implementing key projects
Visakhapatnam Port Trust (VPT) may find it difficult to achieve its planned capacity increase to 150 million tonne by 2020 as several port projects are facing delay. The company planned to achieve this capacity expansion through an estimated investment of Rs 14,000 crore. The port authority is facing implementation delay for thre
JNPT to accept RFQ till Aug 19 for container terminal project
Until 19 August, prospective bidders can submit requests for qualifications (RFQ) for the proposed fourth container terminal project of at the Jawaharlal Nehru Port (JNPT). The port authority recently extended the deadline for submitting RFQ for the project reportedly because bidders were
Centre requested to fas-track aviation projects in Arunachal
Unconfirmed reports indicate that the central government received a request from the Arunachal Pradesh governor Lt-Gen (Retd) Nirbhay Sharma to expedite civil aviation projects in the state and restore Lilabari Airport as early as possible. In New Delhi, Sharma held a meeting with union civil aviation Minister Ajit Singh to discuss aviation projects in the
BPCL to deploy Rs 9 bn more on Kochi project
Prasad K Panicker, Executive Director of Bharat Petroleum Corporation (BPCL) Kochi Refinery informed that the firm would spend Rs 900 crore on a new LPG pipeline project and storage capacity project. While the state-run oil refiner would invest Rs 600 crore to set up a 229-km pipeline in Kochi Refinery, it would spend another Rs 300 crore at its Irumpanam unit to raise