Business Standard
Sunday, Nov 22, 2009
 
drived banner
drived banner
  Advanced Search
Feedback | RSS
Content Guide
Follow us on  
||||Economy & Policy||||| 
 Section Home | News Now | Today's Paper | Features & Analysis | Politics & Public Affairs | Q&A | Columnists | BS Says
Home > Economy & Policy Live Markets | Smart Portfolios II
  Search:

Shipping ministry looks to expand six port expansion projects
BS Reporter / New Delhi/chennai July 2, 2009, 2:14 IST

The shipping ministry today said it would award six port expansion projects worth Rs 3,319 crore, to be developed on a public-private partnership (PPP) basis, as part of its official agenda for the next 100 days.

 
 
Related Stories
News Now
-'Equity in PPP still not decided'
-Mamata boards PPPs to boost development, revenues
-Infra ind eyes projects to develop railway stations
-South likely to get Rs 2183 cr port projects
-PPT signs pact for iron ore terminal
-100 day plan: Six shipping projects under PPP

One of these, a concession agreement for construction of a deep-draught iron ore terminal at Paradip, was signed today. The six projects are together expected to add annual capacity of 31.23 million tonnes (mt), to the present handling capacity of 146.6 mt.

Th other projects include a coal terminal at Paradip and at Mormugao, a container terminal at Ennore and at Tuticorin, more berths at Kandla and an iron ore handling facility at New Mangalore. The total estimated cost of the six projects is Rs 3,319 crore.

The 100-point agenda was released by the ministry in Delhi and by the minister, G K Vasan, in Chennai. Among other proposals for the 100 days are transferring the assets of Hindustan Shipyards Ltd (HSL) to the defence ministry, getting Rs 1,570 crore of equipment for the Dredging Corporation of India and a new shipyard at Kochi.

Action is to be also taken on a panel report expected shortly on enhancing port efficiency. The Andaman and Nicobar Islands and Lakshwadeep are to be declared major ports after Cabinet approval. There is also a proposal for strengthening the Indian Maritime University, established recently. Also, an Indian Maritime Causality Investigation Cell in the Directorate General of Shipping.

The second phase of dredging of National Waterways No 3 on the West Coast Canal from Kollam to Kottapuram will be implemented. Plus more ships for the administrations at Lakshadweep and the Andaman and Nicobar Islands.

Arrow Other Stories     
- Sensex makes remarkable recovery, regains 17K
- S C Kalia takes over as Union Bank ED
- PNB may acquire majority stake in Kazakh bank
- Maoist hindering land acquisition for Tata steel project: Raman
- Koda says he will report to ED only after Jharkhand polls
More  
  Read Business news in 
  Get financial advisory and solutions for your projects
  Holidays starting at a delightful EMI of Rs 3481
  Switch on and say hello to Monday morning !
  Your dream home can now be a reality.
  Visit Fortis for a preventive health check-up & get a 20% discount.
  Follow the ups and downs of your investments. Try our new Portfolio Tracker
  Kolkata Dock \ Freight contract for the British Gurkhas Nepal
  Find how Midsize Businesses use ERP to gain competitive advantage
  Trading in Forex is now as easy as 1-2-3
  Discover an economical and cost effective way to market your products and services
  Giftwithlove.com: Same day delivery of Flowers and Cakes to India
  Download the E-book on the Future of Business Intelligence
  Learn Best Practices for improving customer satisfaction
  Know your customers better... download the free e-book on CRM
   Discussion Board / User Comments    
Display Name  Email-Id  
Post your comment
B.jeyakumar
Respectable submission Gujarati's are mostly vegetarian. But the principal coast in India. inland water ways authority with ministry of shipping and state maritime Board. To avoid road accidence each every minute every Indian family suffers lot due to fatal and other major accidence. the authorities are requested to mooted inland water ways and minor ports development is the only way to avoid accidence save human being and innocence and poorer.
Reply
Most Popular
Read
E-Mailed
Commented
   
- Kurbaan could be Karan Johar's first flop
- Ambani Jr, Brad Pitt join hands for sci-fi film
- A golden lining seen in silver prices
- HAL to invest Rs 25,000 cr in next 10 years
- We are not trying for a monopoly: HAL chairman
 
 More  
BS Poll
Cast Your Vote
 
   
 
Should India's defence sector be thrown open to foreign investments?
  Yes  No
Submit

  Hot Searches  
 
Amitabh Bachchan | N Chandrasekaran | Swine Flu | Mukesh Ambani | Anil Ambani | TCS | Infosys |  Air India |  Duronto |  Pranab Mukherjee | Sonia Gandhi | Congress | Rahul Gandhi |  Bigg Boss |  New Pension Scheme |  Service tax |  Excise duty |  Sebi | Tech Mahindra |  Ramalinga Raju |  Satyam |  Reliance  |  RBI |  GDP |  Gold |  Ratan Tata |  ICICI |  |  B-School | DLF  Sensex |  Tax calculator | Home Loan  | Bollywood | Personal Finance |  inflation | oil prices |  World Bank | Reliance Infratel |  HDFC |  Barack Obama  
 
  Member Area Write to the Editor RSS Archives Advanced Search
  Subscribe to BS print product BS e-paper Newsletter Portfolio Tracker
  BS Products BS Hindi BS Motoring
FOR HOT PRODUCTS
BS Bazaar.com
Home | Markets & Investing | Companies & Industry | Banking & Finance | Economy & Policy | Opinion
Life & Leisure | Management & Marketing | Tech World
About Us | Partner With Us | Code of Conduct | Careers | Advertise with us| Terms & Conditions | Disclaimer | Site Map | Contact Us | Feedback