Unconfirmed media reports indicate that Ennore Port
expects to award the contract for its Rs 1,407 port-cum-terminal project before December and the project may be completed in 30 months. The size of the terminal has been revised from the earlier 1,000 metre to around 750 metre, reports suggest. At its recent board meeting, the port decided to a float fresh tender for the
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IIFCL and CBI Sign Expression of Interest to promote Sustainable Infrastructure Financing in India
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NBCC inks MoU with NIT Kurukshetra valuing Rs. 300 Crore
REC Foundation Commits ₹6 Crore to Sankara Eye Hospital for Cataract Surgeries Benefiting 8,000 EWS Patients
Ennore port may award Rs 14 bn project before Dec 2013
Sri Lanka authority develops port infrastructure
Sri Lanka Ports Authority is taking steps to develop the port infrastructure around the country in order to pursue the national government's aim of making the country the Regional Maritime Hub by leveraging its unique geographical location. Recently, the authority completed dredging work at the Access Channel, the Harbour Basin and the Access Chan
Report points to slow capacity addition in major ports
The Parliamentary Standing Committee on Transport, Tourism and Culture remarked pointed out to the slow pace of capacity adddition in major ports and said this was lagging behind capacity addition in private ports. In a report tabled in the Parliament, the committee said the government's aim to raise the capacity of the 12 major ports to 1,229.24 million tonne (mn t) by 2017 is a
Appointment of new chairman may take 5 months
Media reports indicate that it may take at least four to five months to appoint a new chairman for the Jawaharlal Nehru Port Trust (JNPT), whose current Chairman L Radhakrishnan was appointed home secretary of Kerala. Radhakrishnan was the chairman of the largest container port in the country for over three years. Till the time a new chairman is appointed, the deputy chairman has been handed charge and some reports sugg
Users expect overcapacity from proposed projects
Exporters and importers, who use major ports, wonder whether the setting up of two container terminals, one each in the Chennai Port and Ennore Port (EPL) would create overcapacity. It may be noted that EPL is in the process of setting up a container terminal in two phases. The first phase costing over Rs 1,270 crore will have a capacity to handSources from the district administration of Jagtsinghpur in Odisha informed that only 70 acre of land is left to be acquired for the proposed 8 mn tpa gr
APGDC, KSPL sign pact for Rs 50 bn LNG terminal project
The Andhra Pradesh Gas Distribution Corporation (APGDC) and the Kakinada Seaport (KSPL) signed a memorandum of understanding (MoU) for the proposed Rs 5,000 crore LNG terminal project. APGDC is a joint venture between GAIL Gas and Andhra Pradesh Gas Infrastructure Corporation (APGIC). The proposed floating, storage and re-gasification unit (FSR
JNPT reviews plan to split Rs 82 bn container terminal project
The board of trustees of the Jawaharlal Nehru port (JNPT) is considering whether to award the Rs 8,200 crore container terminal project by splitting it into two contracts or awarding it as a single contract. L Radhakrishnan, Chairman of the port, advocated splitting the project on grounds that developing the terminal through two competing partners by redesigning the p
Board of Chennai port clears plan to conduct fresh bidding
It is learnt from media reports that the board of trustees of the Chennai port approved a proposal to conduct fresh price bidding from pre-qualified bidders for the Rs 3,686 crore container terminal project. The move comes after the central government allowed Adani Ports and Special Economic Zone (APSEZ), IndiaÂ’s biggest private port operator, to partic
IOC to get land from Ennore Port for LNG terminal
Ennore Port (EPL) received approval of the union cabinet to lease land measuring 520,000 square metre to a joint venture led by state-owned Indian Oil Corp (IOC) for the 5 million tonne a year liquefied natural gas (LNG) terminal project. While IOC will hold majority stake in the joint venture, Tamil Nadu Industrial Development Corporation (TID
Govt wants Kandla, JN ports to invest in Iranian port
Media reports suggest that the union shipping ministry wants Jawaharlal Nehru port (JNPT) to operate a container terminal at Chabahar port in Iran. It may be recalled that the union cabinet cleared a proposal to participate in the development of the Iranian port. Also, during his latest visit to Iran, India's External Affairs Minister Salman Khurshid announced that India woul