Business Standard
Saturday, Feb 18, 2012
drived banner
drived banner
  Advanced Search
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 | Commodities
 

Shipping ministry takes first step on 16 PPP projects
Mihir Mishra / New Delhi Jul 19, 2009, 12:09 IST

The shipping ministry has issued Request for Qualification (RFQ) for 16 projects worth over Rs 13,247 crore to be awarded on a public-private partnership (PPP) basis. Those for a further six projects would be issued soon.

 

The projects are mechanisation at HDC berth no 2 and 8 at the Kolkata Port (Rs 150 crore), multi-purpose berth at Paradip Port Trust Project-1 and 2 (Rs 387.3 crore), Mechanisation of Cargo Handling Project-1 and 2 at the Paradip Port (Rs 62.45 crore), installation of mechanised handling facilities for fertilizers and coal at Vizag (Rs 595.3 crore) and development of north cargo and south cargo berths in the east dock at Vizag (Rs 180 crore).

 

Also, creation of a mega container terminal at Chennai (Rs 3,686 crore), construction of north cargo berth no-II at Tuticorin (Rs 319.45 crore), development of fourth container terminal and container handling facility at the Jawaharlal Nehru Port Trust (Rs 7,300 crore), development and operation of three conventional cargo terminal at Mumbai (Rs 75 crore) and creation of berthing and allied facilities of Tekkra near Tuna-Phase-I (Rs 492 crore).

 

The shipping ministry had, in its 100-day plan, announced six concessions worth Rs 3,319.14 crore, to be developed on PPP basis.

 

Among other proposals were transferring the assets of Hindustan Shipyards Ltd to the defence ministry, getting Rs 1,570 crore of equipment for the Dredging Corporation of India and a new shipyard at Kochi. Declaration of the Andaman and Nicobar Islands and Lakshwadeep as major ports. And, strengthening the Indian Maritime University, established recently, and an Indian Maritime Causality Investigation Cell in the lines of Directorate General of Shipping.

 

The concession agreement for the construction of a deep draught iron ore terminal at the Paradip Port between the Paradip Port Trust and Blue Water Iron Ore Terminal Pvt Ltd, which is a consortium of Noble Group Ltd, Gammon Infrastructure Projects Ltd and MMTC was also signed.

 

Union Shipping Minister G K Vasan had announced after joining that his ministry would award six concessions in the port sector in three months and would also initiate the process for 20 other concessions, which was later increased to 22.

 

New Ipad Application :Business Standard's all new IPad App
Click here to download for free
Arrow Other Stories     
- Wall Street up on Greece, but gains seen limited
- FII-TO-FII: Pantaloon traded at 7% premium
- Civic polls: Saffron alliance retains Mumbai, Thane
- MCX awaits trading rules in commodity options, indices
- Govt to provide incentives for electronic chip manufacturing
  Read Business news in 
- Now property search gets more exciting than ever before!
- High Growth Business Opportunities in Africa - Register to explore
- Medium-sized businesses are the engines of a smarter planet.
- Office 365 for professionals and small businesses.
- Earn fuel worth Rs.2400 with Citi
- India's No. 1 Property Site. Click here to know more..
- Diseases earlier, Saving Costs, Extending Lives. Know More..
- Get 5% cashback on telephone bills with Citi
- Enjoy the journey as much as the destination. click to know more..
- Exim Bank Conclave on India - Africa Project Partnership. Know more..
- Creating Wealth made simple the SIP way. Know more..
- Only Developer to give a guarantee on time space & rate.
- Buy Your Property with Our Triple Guarantee in India.
- Improve Patient Care & Experience. Click here to know more
- Win a Business Class Ticket to Europe..Know more..
-  Introduce a New Automotive Luxury Car.. know more
Sorry, comments to this story are closed
Latest Messages
SmartInvestor+ E-zine
  Pay Rs.747/- for 3 years and
  get a branded watch FREE

  Subscribe Now
Most Popular
Read
E-Mailed
Commented
   
- Lehman withdraws winding-up petition against Wockhardt
- The malt of India
- The painter of a dream world
- T N Ninan: Saving Mumbai
- Deepak Lal: Rights, stakes and Newspeak
 
 More  
New Ipad Application
 Business Standard's all new IPad  App
 Click here to download for free
  BS Specials  
    Full coverage of elections in Uttar Pradesh, Punjab, Uttarakhand, Manipur and Goa
  Hot Searches  
 
IRFC bond |  Antrix-Devas |  Rafale fighter |  Junglee |  IPL 5 |  Dhanlaxmi Bank |  Thomas Cook |  TCS |  Sarfaesi Act |  Vodafone |  Aakash tablet |  Sodexo |  Rupee |  Samsung Galaxy Note |  Kingfisher Airlines |  Silver |  Provident Fund |  income tax refund |  Anna Hazare |  iPhone |  Reliance Industries |  SEBI |  BSNL |  BSE |  NSE |  Mukesh Ambani |  Anil Ambani |  Infosys |  Pranab Mukherjee |  Sonia Gandhi |  Rahul Gandhi |  New Pension Scheme |  Reliance |  RBI |  GDP |  Gold |  Ratan Tata |  ICICI |  B-School |  Sensex |  Tax calculator |  Home Loan |  Personal Finance |  inflation |  oil prices |  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 BS Books
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 | Contact Us