Calcutta Port Trust (CPT) is said to be holding discussion with the consortium of Concast Infratech and Hyundai Engineering Construction over the royalty payment for the proposed Haldia Dock II project at Salukkhali in East Midnapore. The consortium, which was the sole bidder for the south part of the port project, offered to share only 1 per cent of the gross revenue as royalty. However, this was not agreeable to the port management and hence both
Tag: tender
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Ministry may direct major ports on work site preference
Media reports indicate that the union shipping ministry may ask all major ports to wind up their marketing offices and allow all its senior officers to work from the port premises. Recently, the shipping ministry directed Jawaharlal Nehru Port Trust (JNPT) to close its 7,000-sq feet office on the top floor (31st) of the World Trade Centre (WTC) at Cuffe Parade in South
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Ennore port may allow bidder to decide on project
Media reports indicate that Ennore Port may give liberty to the the winning bidder for the proposed container terminal project to decide on whether to build the entire terminal in one go or in phases. Based on market condition, the winning bidder may decide how to implement the Rs 1,270 crore project and the port authority may not intervene in this, reports suggest
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Karnataka govt works on Rs 73 bn water project
Karnataka government would soon finalize all preparations for the proposed drinking water project in Yettinahole and take up the tender process. The project involves constructing water reservoirs and dams at an estimated cost of Rs 7,300 crore. This information was given by the leader of the House in the state legislative council recently. The proposed project would benefit Bangalore Rural, Kolar, Tumkur and Chikkaballapur districts
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DFCCI awards Rs 67 bn corridor project to L&T consortium
Dedicated Freight Corridor Corporation of India (DFCCI) awarded a Rs 6,700 crore contract, the single largest rail contract so far in the country, to a consortium of L&T and Sojitz, a Japanese infrastructure major. The consortium is said to have received the letter of award for the project. According to the terms of the contract, the consortium is responsible for laying an 643 km of rail track between Rewari in Haryana and Palanpur in Guja
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Union govt to award 380 km of road projects in naxal areas
By the end of 2013, union government would award road projects totaling a length of 380 km in the Left Wing Extremism (LWE) areas spanning five states. The projects would benefit Bihar, Chhattisgarh, Jharkhand, Madhya Pradesh, Andhra Pradesh, Uttar Pradesh, Maharashtra and Odisha
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Vizag port seeks Rites’ suggestion for Rs 6.3 bn project
Visakhapatnam Port Trust (VPT) mandated Rites to study the revenue sharing model for the proposed Rs 634-crore second container berth project at the port. VPT roped in Rites to suggest a revenue sharing model because it is not satisfied with the revenue share offered by Visakha Container Terminal Private Limited (VCT
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Some experts support splitting Rs 82 bn project
Even as the board of the Jawaharlal Nehru port (JNPT) decided to award the Rs 8,200 crore container terminal project through a single tender, some experts support the earlier decision of splitting the project. The earlier decision to split the contract into two was supported by the trade, terminal operators and consultants alike. They felt that splitting the project into two
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Kerala govt allots Rs 80 cr for bridge project
Kerala government allotted Rs 80 crore for the construction of the Edakochi-Kannangattu bridge, the state excise Minister K Babu said at a function on the completion of a Hudco project at Pampayi Moola. He also informed that the state government would conduct tendering process for the bridge project.
Piling has already been started on an experimental basis, the m
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JNPT to award Rs 82 bn terminal project as single contract
Unconfirmed reports indicate that the board of trustees of Jawaharlal Nehru Port Trust (JNPT) decided to award the Rs 8,200-crore fourth container terminal project as a single contract instead of the earlier proposal to split it into two. The board of trustees decided this at a recent meeting. It also decided to issue a tender for the much delayed project in the next few