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Infrastructure in India Latest News
Infrastructure in India Latest News 
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Date: November 4, 2008 Synopsis: The Union Shipping Ministry has written to the Indian Ports Association (IPA) to prepare a computerised information system on land management pattern in major ports in the country, according to Mr Rakesh Srivastava, Joint Secretary (Ports) and CVO (Chief Vigilance Officer), Union Ministry of Shipping, Road Transport and Highways. Click here to view complete news
Date: October 7, 2008 Synopsis: The Kandla Port Trust is planning massive capacity expansion and has invited bids for several projects, including four multi-purpose berths, cargo handling facilities at Tuna Tekra, where a special economic zone (SEZ) is to come up, and additional facilities at Vadinar. Click here to view complete news
Date: October 7, 2008 Synopsis: The Visakhapatnam port, which became operational on October 7, 1933, turns 75 on Tuesday and the Visakhapatnam Port Trust is planning to hold a series of events on the occasion of Platinum Jubilee, according to the Deputy Chairman, Mr M.S Rao. Click here to view complete news
Date: September 8, 2008 Synopsis: Chennai will soon join the premier league of internationally reputed ports which host luxury cruise liners from across the world. In an effort to woo cruise voyagers by providing modern facilities on par with international ports, the Chennai Port Trust is planning to set up an international terminal exclusively for liners. Click here to view complete news
Date: September 7, 2008 Synopsis: Bengal should look to bring in private players to provide a fillip to its ports, according to Union secretary for commerce and industry G.K. Pillai. Pillai said the state could miss out on port development if private participation was not initiated with immediate effect. Click here to view complete news
Date: August 20, 2008 Synopsis: Indian major ports will develop dockside infrastructure exclusively for cruise shipping under the PPP (private-public-partnership) model, according to a senior official of the Union Ministry of Shipping. Click here to view complete news
Date: August 08, 2008 Synopsis: Move aimed at replacing Colombo as cargo hub. Ports in south India, both on the west and east coasts, are planning to invest up to Rs 10,000 crore in the next two to three years in a bid to become a hub for container traffic. Click here to view complete news
Date: August 08, 2008 Synopsis: The Federation of Indian Mineral Industries (FIMI) on Thursday said that custom officials are charging export tax on iron ore based on reference prices provided by Chinese authorities and not taking into consideration the actual bills raised by the Indian companies. This, according to FIMI, has started at the Haldia port from the end of July and has not yet been reported from other ports. Click here to view complete news
Date: June 09, 2008 Synopsis: Tuticorin Port Trust (TPT) is planning to invest Rs 5,200 crore to create additional capacity and infrastructure. The port had recently received in-principle approval from the Centre for two major projects involving the inner harbour and outer harbour. The projects, which will be executed through the public-private partnership (PPP) mode, are expected to be completed by 2012. Click here to view complete news
Date: June 09, 2008 Synopsis: The proposals for the development of Beypore and Azhikkal ports in Kerala, which had suffered many hiccups and were kept aside after first mooted more than a decade ago, have got a fresh lease of life with the State Cabinet approving the appointment of consultants for the projects. Click here to view complete news
Date: April 24, 2008 Synopsis: Pointing out that various clearances for shipping and port projects are taking “undue” long time, a Parliamentary Committee on Department of Shipping has called for “serious introspection” to cut short the time taken by approval agencies. Click here to view complete news
Date: March 24, 2008 Synopsis: Indian companies bidding for rights to develop and operate domestic port projects have found a way to circumvent a Union government restriction on partnering with Chinese groups. Click here to view complete news
Date: January 21, 2008 Synopsis: A decision on the extension of shipbuilding subsidy is likely to be delayed with the Finance Ministry seeking further clarifications on the impact of the subsidy. The Ministry of Shipping, Road Transport and Highways has pitched for the extension of shipbuilding subsidy, albeit at lower levels than those prevailing earlier. Click here to view complete news
Date: December 05, 2007 Synopsis: The Cochin Port plans to increase its revenue from other cargo operations, especially liquefied natural gas, after state-run BPCL's Kochi refinery starts handling its imported crude oil at its own facility. The port is presently charging Rs 65 per tonne as wharf age for crude oil and other products at the port and handles 10 million tonne of cargo. Click here to view complete news
Date: October 27, 2007 Synopsis: The engineering and manufacturing giant Larsen and Toubro (L&T) will build two mega integrated and commercial ports in the country with an investment of almost Rs 3,500 crore. Click here to view complete news
Date: October 24, 2007 Synopsis: The Government is set to finalize the model concession agreement (MCA) for ports soon. The move is likely to give a major boost to private investment in port development in the country. Click here to view complete news
Date: August 30, 2007 Synopsis: The Adani Group will operate a new 1.2 million twenty-foot equivalent (teu) capacity container terminal at the Mundra Port and has begun trial runs with the docking of the first container ship owned by Messina Lines. Click here to view complete news
Date: August 30, 2007 Synopsis: Sandvik Asia Ltd bagged a contract worth Rs 56.5 crore from Chettinad International Coal Terminal Pvt Ltd (CICTPL) for design, supply, erection and commissioning of two ship unloaders which is setting up a terminal at the Ennore Port near Chennai on BOT basis for handling 8 million tonne per year of thermal coal imported for power plants operating near Chennai. Click here to view complete news
Date: August 22, 2007 Synopsis: Industry and business, and the local economy in general, in Erode and nearby areas have great news: the Union Government is about to approve the setting up of a special economic zone (SEZ) at the SIPCOT industrial complex. The SEZ is expected to house units that make automobile and engineering components. Click here to view complete news
Date: August 22, 2007 Synopsis: The Government is likely to finalise models for tariff and concession agreement for the development of ports. This decision would most likely throw open the country’s ports to public private partnerships. The tariff plan for ports will now be akin to the toll rates for national highway projects. Click here to view complete news
Date: August 21, 2007 Synopsis: Chennai Port handled 18.84 million tonne of cargo in the first four months of 2007-08, as against the ministry's target of 18.68 million tonne. This amounted to an 18.3 per cent increase in tonnage from 15.93 million tonne achieved during the same period in 2006-07. Click here to view complete news
Date: August 17, 2007 Synopsis: Construction company Gammon India Ltd has bagged a Rs 1,200 crore Mumbai Offshore Container Terminal Project and the project is estimated to cost about Rs 800 crore in the initial three years and another Rs 400 crore for the subsequent period. The project is on a build-operate-transfer (BOT) basis for 30 years, including three years of construction and equipping period. Click here to view complete news
Date: August 13, 2007 Synopsis: The objective of the government is to double the capacity of ports to 1.5 billion tones by the end of the 11th plan. For an economy that is growing at nine percent per annum with sea-borne trade accounting for 95 per cent of the country’s foreign trade, the present port capacity is clearly inadequate. Click here to view complete news
Date: August 13, 2007 Synopsis: The Chennai Port Trust is planning a Chennai Mega Terminal for container handling at an estimated cost of Rs 3,050 crore. The terminal to come up in five years will be India’s first deep water terminal capable of handling ultra large container ships of capacity 13,000-15,000 TEUs (twenty foot equivalent units). Click here to view complete news
Publication: Indian Express, Delhi. |
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