The Parliament has passed the Major Port Authorities Act, 2021. The bill was moved by Mansukh Mandaviya, Minister of State (Independent Charge) for Ports, Shipping & Waterways in Rajya Sabha on Wednesday and it was passed.
FlashNews:
Biofuels Earn Farmers $15 Billion Over 11 Years, Says Puri; Reaffirms Commitment to Shield Consumers from Fuel Price Volatility
Reacting to Trump tariffs, India, Brazil expand oil ties: S&P Global Commodity Insights
Jupiter Wagons Secures $25.8 Million Vande Bharat Wheelset Order, Plans Major Odisha Expansion
WABAG Wins $5.6 Million Water Management Contract for RenewSys Solar Cell Facility in Hyderabad
IHCL to redevelop historic Chotelal Ki Ghat in Kolkata under heritage-led riverfront initiative
India’s Airline Profitability to Dip Amid Airspace Disruptions and Safety Concerns: Crisil Ratings
Welspun One Expands South India Warehousing Portfolio with $258 Million Investment
India Post Launches $700 Million Digital Overhaul with Advanced Postal Technology Rollout
Suzlon Commits to 100% Renewable Energy Across All Manufacturing Units by 2030
Inox Wind Divests ₹1.75 Bn Stake in EPC Arm at ₹74 Bn Valuation
Air India and IndianOil Sign SAF Supply Pact to Advance Net-Zero Aviation Goals
New HAM Bidding Norms May Sideline 25% of Road Developers, Says Crisil Ratings
INOX Wind Posts Record Q1 Profit, Strengthens Growth Outlook
Genesys International Q1 Profit Surges 32% on Strong Mapping Demand
Asia-Pacific to Drive 33% of Global Regional Jet Demand by 2045: Embraer
India Achieves 100 GW Solar PV Milestone with ALMM-Driven Expansion
Air India Accelerates $400 Million Fleet Retrofit Programme Across Widebody and Narrowbody Aircraft
ONGC Q1 FY2026 Net Profit Rises 18.2% to ₹115.5 Billion on Strong Gas Realisations and Offshore Gains
Centre Defends Ethanol Blending Programme Amid Mileage Concerns; Highlights $16.5 Billion Forex Savings
Tag: public-private partnership
Odisha govt to set up riverine port on river Mahanadi
High-level clearance authority (HLCA) allowed four major port developing agencies to participate in the financial bidding for a riverine port on Mahanadi River in Kendrapada district on Public Private Partnership (PPP) mode.
Making Indian Infra Work
Though Public-Private Partnership contracts are the mainstay of infra projects, evidence of PPP performance in terms of value-for-money and efficiency is mixed and often unavailable, says Sangeeta Lakhi, Senior Partner, Rajani Associates.
New bill for model PPP pact in port sector soon
The Centre will table a new bill that will facilitate a model agreement by way of Public-Private Partnership in the port sector.
All Aboard
Growing air travel bodes well for the sector. All that is required is for the necessary infrastructure to keep pace, lest it fall far behind. India´s civil aviation industry is on a high-growth trajectory. Currently the ninth largest aviation market in the world, with a market size of around $16 billion
Thinking Afresh
A quality transition to the planned expansion will require a huge capital investment in electricity, railways, roads, ports, airports, irrigation, water supply and sanitation systems.
MPT wants to reclaim 3 lakh sq m for new cargo terminal
The Mormugao Port Trust (MPT) has proposed to reclaim 3 lakh sq m of water area for developing a multi-purpose cargo terminal on public private partnership (PPP)
Govt should incentivise coastal shipping
The ports and terminals developed under public private partnership (PPP) model in Gujarat have been performing quite well over the years, in terms of the efficiency parameters, says Amrendra Kumar Rakesh, Vice Chairman & CEO, Gujarat Maritime Board.
PPP: The prescription for infrastructure
Most infrastructure projects are generally characterised by time and cost overruns. Political factors impact time overruns more than cost overruns. The new government at the Centre has identified its top priorities and as expected infrastructure is high on the agenda.
PPP: The prescription for infrastructure
Most infrastructure projects are generally characterised by time and cost overruns. Political factors impact time overruns more than cost overruns. The new government at the Centre has identified its top priorities and as expected infrastructure is high on the agenda.