The Union Cabinet chaired by the Prime Minister, Narendra Modi, gave its approval for formation of a Special Purpose Vehicle (SPV) to provide efficient rail evacuation systems to Major Ports and thereby enhance their handling capacity and efficiency.
Tag: RVNL
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Rail Vikas Nigam to hold 10% in new ports infra entity
Government-owned Rail Vikas Nigam Ltd (RVNL) is to take 10 per cent equity in the new public sector unit (PSU) to be formed to enhance port connectivity through the railways.
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Making our ports more financeable
Financing India’s ports has been challenging because of several factors, both inherent to the sector as well as to policy and financing regulatory environment.
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Vizhinjam signs three agreements
Vizhinjam International Seaport (VISL) has signed three separate agreements with the State Bank of Travancore, Rail Vikas Nigam and Kerala State Electricity Board for the first phase of its project.
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