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Port projects fail to attract pvt investment

Port projects fail to attract pvt investment

Reports suggest that the union government is facing difficulty in attracting private investment in port projects. It is learnt that projects in Visakhapatnam, Chennai and Tuticorin Port Trusts have not seen a single bid coming in from the private sector in the last

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Mega port projects up for bidding in 2013-14

Mega port projects up for bidding in 2013-14

During the year 2013-14, mega port projects like the setting up of the fourth container terminal at JN Port, mega container terminal in Chennai and expansion of container terminal in Visakhapatnam may come up for bidding. Union government is said to be taking steps to expedite award of key infrastructure projects, including port projects

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Vizag airport is yet to get cargo terminal

Vizag airport is yet to get cargo terminal

For Visakhapatnam, which boasts of a national highway, a major railway junction and one of the best ports, lack of good air transport facility is a drawback. The City of Destiny, as a result, lags far behind not only in terms of passenger travel but also cargo transportation. And for some strange reason, expansion works of the airport are progressing at a snailÂ’s pace notwithstanding promises from all stakeholders.

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Contract opportunities with Hindustan Shipyard

Contract opportunities with Hindustan Shipyard

Visakhapatnam-based Hindustan Shipyard (HSL) is a leading shipbuilding organisation catering to the needs of shipbuilding, ship repairs inclusive of sophisticated and state of art submarine retrofitting and construction of offshore structures.

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Petronet works on Rs 45 bn terminal project

Petronet works on Rs 45 bn terminal project

Petronet LNG is working on a Rs 4,500 crore land-based LNG terminal project with facilities for receiving, storage and regasification of LNG at Gangavaram in Visakhapatnam district in collaboration with the Gangavaram port. However, the initiative faces some headwinds as the l

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Vizag, Vijayawada to operationalise BRTS

Vizag, Vijayawada to operationalise BRTS

The trial runs for bus rapid transit system (BRTS) at both Visakhapatnam and Vijayawada have been completed recently. The project may be commissioned in 2013, reports suggest. Both projects, which began in 2008, have suffered delays by two or three years.The projects have been taken up with funds from the Jawaharlal Nehru National Urban Renewal Mission (JNNURUM), with the central government bearing half of the cost. The Rs 150 crore Vijayawada BRTS project is a smaller one, covering only 15.5 km

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Ramayapatnam port work

Ramayapatnam port work

Work on Ramayapatnam port in Prakasam district of Andhra Pradesh will begin in the new year, the State Municipal Administration Minister M Mahidhar Reddy said. According to Reddy the district was poised to witness tremendous growth on the industrial front with the coming up of the second major port in the State after Visakhapatnam. A proposal for setting up a Rs 3,000-crore industrial corridor was being considered, he added.

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IOCL to expand pipeline network

IOCL to expand pipeline network

HS Pati, Executive Director (eastern division) of Indian Oil Corporation (IOCL) said the company plans to expand its pipeline network by over 10,000-km in the coming years. The capacity of the pipeline network would increase by about 50 million metric tonne per annum (mn mtpa), Pati said. The firm recently decided to lay a 1,200-km oil pipeline from Paradip to Hyderabad passing through Visakhapatnam, he said. While the 1,065-km-long Paradip-Raipur-Ranchi pipeline at a cost of Rs 1,793 crore will

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IOCL to expand pipeline network

IOCL to expand pipeline network

HS Pati, Executive Director (eastern division) of Indian Oil Corporation (IOCL) said the company plans to expand its pipeline network by over 10,000-km in the coming years. The capacity of the pipeline network would increase by about 50 million metric tonne per annum (mn mtpa), Pati said. The firm recently decided to lay a 1,200-km oil pipeline from Paradip to Hyderabad passing through Visakhapatnam, he said. While the 1,065-km-long Paradip-Raipur-Ranchi pipeline at a cost of Rs 1,793 crore will