Chennai Port wants the government to revoke the cancellation of security clearance for Adani Ports and Special Economic Zone (APSEZ) to participate in the port's proposed Rs 3,686 crore container terminal project. Chennai Port plans to build a container terminal than can load 4 million standard containers a year when fully oper
Tag: project
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MPT awards Rs 3 bn project to Gammon Infra
Mormugao Port Trust (MPT) and Gammon Infrastructure finalised a 30-year concession agreement that gives the company the right to construct and operate a coal handling terminal at the port. Gammon would built the terminal at a total estimated cost of Rs 300 crore with a capacity of 2.33 million tonne per annum. Mormugao Port selected Gammon for the project as the latter offered a revenue share of 33.66 percent. JSW, whic
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IISCO Steel to commission five packages
IISCO Steel Plant (ISP) expects to commission at least five packages, which are part of its ongoing Rs 16,000-crore modernisation and expansion project, between January and March 2013. Instead of waiting for the completion of the entire project, the firm plans to commission all the packages which are ready. It is learnt that the above five pack
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Gujarat govt signs 8 MoUs for port development
The Gujarat government signed eight memoranda of understanding (MoU) with the attendants of the sixth Vibrant Gujarat Summit- 2013 for development of the existing ports as well as converting them into environmental-friendly or green ports. These eight MoUs are part of the 63 agreements worth Rs 1 lakh crore that the state government plans to sign with the private players for the development of the stateĆās port
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KSIDC to rope in consultant for airport project
Media reports suggest that consultants are invited for Ćātechno economic feasibility and environmental impact assessmentĆā for the proposed airport at Wayanad by Kerala State Industrial Development Corporation (KSIDC). Airports Authority of India (AAI) found the site identified at Panamaram, Wayanad, suitable for the project during a preliminary feasibility
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Ministry may miss 9,500 km road project target
Agency reports suggest that the union road ministry may not be able to award 9,500 km of projects, as was targeted, by the end of 2012-13 because several reasons like delays in environment clearances. Between Apr-Dec 2012, the ministry could award contracts for only 1,100 km of road projects. The main fact
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NHAI open to out of court settlement with green min
Reports suggest that National Highways Authority of India (NHAI) is open for an out-of-court settlement on the issue of de-linking environment clearances from forest if the environment ministry agrees. In a petition filed at the Supreme Court, NHAI called for delinking of environment approval from forest clearance to hasten highway development
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ONGC plans Rs 868 bn investment in 5 yrs
Sudhir Vasudeva, Chairman and Managing Director of state-run oil explorer informed that the firm plans to invest about Rs 86,862 crore on 44 mega projects during 2012-17. He also said that the planned capacity addition of the firm's Mangalore Refinery and Petrochemicals will come about in the present Plan period
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Largest bulk carrier arrives at Dighi Port
Recently, a gearless post-panamax vessel arrived at Dighi Port carrying coal and this is said to be the largest bulk carrier to call the port and one of the largest vessels to call any port in Maharashtra. On January 5, 2013, the vessel ĆāMV Maverick GuardianĆā having a LOA of 229 meters, a Deadweight Tonnage (DWT) of 82,739 million tonne and carrying stea
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CPT to develop dedicated cruise berth
Cochin Port Trust (CPT) plans to develop a dedicated cruise berthing facility within a year to become the first exclusive cruise berth in the country. Currently a cruise terminal is operational at the Cochin Port, but cargo vessels also berth near it. The port plans to expand the berth length by 100 meter from its current length of 180 meter and convert it into an exclusive cruise bert