Existing private terminal operators of ports have demanded that the proposed guidelines by the shipping ministry, if approved, also cover existing terminals as tariff fixation under the 2005 guidelines has hampered their growth. The ministry earlier announced that the proposed guidelines would apply only to new Public-Private Partnership (PPP)
Tag: public-private partnership
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Govt takes steps to expedite port projects
Union Shipping Minister GK Vasan informed the Lok Sabha that the government initiated a number of steps including standardisation of RFQ, RFP and MCA documents for public private partnership (PPP) projects in port sector. He also said that the government increased delegation of financial powers to shipping ministry to acco
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Experts suggest govt to fast-track port projects
Industry watchers and experts urge government to fast-track implementation of port sector projects. The shipping ministry has not been able to award any large projects last year owing to several reasons. While the projects could improve capacity for the port sector in the country, experts are worried about the pace at which the projects could be implemented. Last year, four separate port projects, estimated to cost
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Tata Steel MD welcomes budget 2013-14
HM Nerurkar, Managing Director of Tata Steel opined that the Union Budget 2013-14 made an attempt to achieve inclusive growth and a sustainable economy given the global economic scenario. Nerurkar welcomed the thrust given to the infrastructure industry through investment allowance of 15 per cent and various steps for mobilising funds for the gro
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Govt decided to extend concessions for stalled road projects
At a recent meeting between finance minister P Chidambaram and road transport minister CP Joshi, it was decided to extend concessions to stranded highway projects under the public private partnership (PPP) mode.The concessions could include the possibility of developers backloading payouts to NHAI in the latter years of the concession period to offer relief early into the
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Govt decided to extend concessions for stalled road projects
At a recent meeting between finance minister P Chidambaram and road transport minister CP Joshi, it was decided to extend concessions to stranded highway projects under the public private partnership (PPP) mode.The concessions could include the possibility of developers backloading payouts to NHAI in the latter years of the concession period to offer relief early into the
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Govt receives 15 bids for Kushinagar airport project
The central government, which plans to build an international airport at Kushinagar, in eastern Uttar Pradesh, under the public-private partnership (PPP) model at an estimated cost of Rs 354 crore, received
15 technical bids. The department of economic affairs, union ministry of finance, has given inprinciple approval for viability gap fundi
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Govt takes efforts to boost inland water transport sector
While speaking at a CII event, Shipping Secretary PK Sinha informed that his ministry was exploring several ways to raise the share of inland waterways, create right policy and fiscal environment. He stressed on the need to increase the share of inland waterways and ensure seamless connectivity. He said the government is in the process of identifying criti
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JNPT explores legal options against PSA
Jawaharlal Nehru port (JNPT) is said to be exploring all legal and administrative options on actions to be taken against PSA International for reneging its contract to set up the proposed fourth container terminal. The proposed terminal project was designed to load 4.8 million standard containers a year. According to Kevic Setalvad, the additional solicitor general of India, it is p
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Maha road development corp awaits nod for ring road
The Maharashtra State Road Development Corporation (MSRDC) is waiting for a go-ahead from the State infrastructure committee to start work on the proposed 170-km ring road around Pune and Pimpri-Chinchwad. The Corporation's officials said it would be a public-private partnership.