A study by IIM Ahmedabad shows that Jawaharlal Nehru Port Trust (JNPT) would be the logical choice for a transshipment hub port on the west coast based on the commercial criteria. However, from an infrastructure perspective, the port does not have the draft to accommodate future generation vessels. Mundra is better placed as far as draft is concerned, the
Tag: project
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Govt announces new norms on security nod
Union shipping ministry has simplified security clearance rules for companies who wish to take up port projects. According to the new rules, security clearances issued by the ministry to a company would be valid for three years. The move is intended to fast-track port projects
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Study shows decline in staff strength across major ports
A study by industry body Assocham shows that major ports witnessed over 33 percent decline in its staff strength between 2001 and 2010. During these ten years, the total number of employees in different cadres came down from more than 83,700 to nearly 55,400 at 12 major ports, the stud
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Petronet works on Rs 45 bn terminal project
Petronet LNG is working on a Rs 4,500 crore land-based LNG terminal project with facilities for receiving, storage and regasification of LNG at Gangavaram in Visakhapatnam district in collaboration with the Gangavaram port. However, the initiative faces some headwinds as the l
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Panel selects consultant for expressway project
The consultant evaluation committee for the greenfield six lane access controlled Agra to Lucknow expressway project has finalised consultant for the project. At a meeting headed by Infrastructure & Industrial Development Commissioner (IIDC) Anil K Gupta, the com
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Industry divided on prospects for box terminals
Industry watchers are divided on the business prospects of container terminals in Ennore Port. Some argue that there would be enough business for the proposed new container terminal in the port as handling of cargo globally moves towards containers from
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Captive berth in Kandla Port to be operated by SRS
Narendra Murkumbi, Managing Director of Shree Renuka Sugars (SRS) informed that the firm, which secured a contract to operate a captive berth in Kandla Port, expects to start operation in a year. On December 27, SRS received the letter of award for operating the berth with a capacity of 1.5 million tonn
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Iran to develop Chabahar port for India
Iran reiterated its commitment to develop Chabahar port to bolster its ties with India. Iran plans to expand the port in five phases and to ramp up its capacity to 20 million tonne by 2020. India's interest in the Iranian port is not only to get a direct access to Central Asia but also to facilitate import of mine
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Vizag Steel works on captive power plant project
In order to ensure assured power supply for its future requirement, the Visakhapatnam Steel Plant is working on a 240 mw captive power plant project in two phases. In the first phase, the firm would be setting up a 120 mw blast furnace gas-based captive plant with an investment of Rs 677 crore. AP Choudhary, Chairman and Managing Director of the firm, laun
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Sreedharan asks Gujarat govt to rethink metro rail project
India's Metro Man E Sreedharan suggested Gujarat government to rethink its approach to the Ahmedabad-Gandhinagar metro rail project. Speaking at MS University's 61st annual convocation in Vadodara, Sreedharan said Gujarat has lost the chance to get funding from Japanese government for the project. Sreedharan, who was the former managing director of Delhi