Rail India Technical and Economic Services (Rites) found that the capital costs involved in setting up Sagar port in West Bengal is estimated at Rs 7,820 crore. It also found that the capital cost for Dugarajapatnam port project in Andhra Pradesh would be Rs 7,988
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Two major ports likely to come up at Sagar and Dugarajapatnam
Two new major ports are likely to come up at Sagar in West Bengal and at Dugarajapatnam in Andhra Pradesh. RITES has estimated capital requirement, including connectivity project cost at Rs 78.2 bn for Sagar Port.
RITES to prepare reports for metro rail project
State-run consultancy firm RITES will submit the feasibility report for the proposed 30-km Patna Metro rail project by September, 2013 and the detailed project report (DPR) by December, 2013. In its scope of works, the consultant will be required to identity the mass transit corridors on the basis of detailed traffic demand assessment study, topographic survey, soil survey at 500 meters interval on the proposed stretch among other measures, they
Odisha govt takes steps to develop minor ports
Odisha government is taking various steps to develop minor ports in the state. It may be noted that the state government received clearance from the centre for such projects. Consequently, the state government wants to engage Rail India Technical and Economic Services (Rites), which is the engineering and consultancy arm of India
Consultants hired to find land for intl airport at Agra
To find a suitable land for international airport in Agra the Uttar Pradesh Tourism Department on November 20 has hired consultants. The Department has approved a consortium of experts comprising RITES and KPMG Advisory Services for the purpose and a letter of intent has been issued to the companies.
Financing a behemoth can mean new schemes
The Indian Railways is the world's fourth largest freight carrier, controlled by a single management. he Indian Railways operates around 14,000 trains everyday, out of which 8,900 are passenger trains and 5,100 are freight trains.
We have evolved many business policies for private investment
The Railways has been the most sluggish among infrastructure sectors in operationalisating private participation and corporatisation of its activities.
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