To reduce dependence on roads for cargo movement and to reduce the costs, JNPT will be setting up satellite ports at Wardha, Aurangabad and Surat, according to Union Shipping Minister Nitin Gadkari.
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Govt sanctions Rs 12 cr for 19-km road in Nagpur
The Maharashtra government has sanctioned Rs 12 crore for rebuilding the rain battered stretch between Butibori and Wardha in Nagpur.
Mumbai Port takes steps to offload Lanco equipments
Reports indicate that Mumbai Port Trust is taking steps to auction boiler, turbine and generator (BTG) imported from China or Singapore by Lanco Infratech for its 1,320 mw Wardha power project in Maharashtra. It may be noted that the company had neither paid custom duty nor port charges towards the imported items for past many months, which had forced the port to take
REC to launch 3 SPVs
REC Transmission Projects Company (RECTPCL)—Bid Process Coordinator (BPC) for three transmission projects—will incorporate three Special Purpose Vehicles (SPVs).