Dighi Port located in Raigad district of Maharashtra is scouting for investors to raise around Rs 200 crore for port´s expansion. The company is raising capital to complete the first phase of port development, after which the total installed capacity of the port will be around 30 million tonne. The fund raise will be aided by IL and FS Transportation Networks, an investor in Dighi Port.
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Dighi Port to Set up Berths
Vijay Kalantri, Chairman and Managing Director of Dighi Port said that the port would set up the remaining three berths as part of the phase one of the project by December 2014. The green field port is being developed in Raigad district of Maharashtra.
MERC rejects JSW Energy's power tariff revise plan
Regulatory authorities have rejected JSW Energy's plea to revise power tariffs because of difficulty in procuring fuel from Indonesia, a decision that analysts said was a setback for other companies seeking higher electricity rates on similar grounds.
JNPT plans mega terminal
In a bid to raise its capaÂcity by 8-10 million TEUs, Jawaharlal Nehru Port Trust, India's largest container port, plans to build a mega terminal at Nhava Sheva.