The proposal to tap wind power from Tuticorin, Kandla and Paradip ports has been discussed with the Power Minister R K Singh, said Gadkari
In corresponding period of FY19, coal cargo had risen by 11%; Overall throughput growth ports at 1.9%
The move comes days after the Navy warned of a possible terror attack from the seaside
Bulk commodities hold the fort for domestic players
Essar Ports invested Rs 11,000 crore in developing terminals and is currently operating four terminals
The Los Angeles terminal has already ordered an electric, automated carrier
For the period from April-November 2018, nine ports Kolkata, Paradip, Visakhapatnam, Kamarajar, Chennai, Cochin, New Mangalore, JNPT and Deendayal have registered positive growth in traffic
Mumbai, 1 October Port cargo growth of only four to five per cent annually over recent years has made Indian companies in the sector cautious on investment for the short term. "At this juncture, (from the industry perspective), it is difficult to think of building port capacity entirely for third-party cargo. With the muted cargo growth that we (industry) have had, it would be risky," said an official with JSW Infrastructure. "A right mix of captive and third-party improves chances of survival, with better utilisation. This means better revenue visibility."The Sajjan Jindal-led JSW Infra has total capacity of 75 million tonnes and aims to touch 200 mt before an Initial Public Offer of equity (IPO), likely in 2020-21."Port investment in the short term is not encouraging, given the cargo growth rate we have had. Overall, one needs to see on a case to case basis, as it will vary upon location and cargo demand in the region, among other factors," explained Anil Yendluri, director and ...
With deeper draft and pricing flexibility, Port of Colombo still tough competitor for trans-shipment cargo
Mumbai Port turns agile, Paradip takes to innovation
Mundra Port has set a global benchmark with investment in latest technology, says Dr Wilfried Aulbur
This is for the first time that the Centre-owned major ports are raising foreign denominated loans
A Fitch arm last month said country's iron ore output is projected to grow to 185 MT in next 4 years
The EY report 'Knowledge Paper on Port Sector' was released by Andhra Pradesh Chamber of Commerce
Dozen state-run major ports were closing in on privately-run non-major ports, which earned an upper hand over past few years, due to easy regulations
Sustained volume growth, incremental gains from new ports and plans to reduce inter-corporate loans to keep stock momentum going
Plans include development of cargo berths to handle coal, general cargo and clean cargo
While villagers say the trans-shipment project will threaten their livelihood, those in favour of the project call the opposition politically motivated
Comes down on Centre's decision to allow two major projects in short distance, says Vizhinjam will be impacted
Experts say economic and environmental problems await the project; shipping ministry plans to start construction by July 2017