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|  Dighi Port gets Capesize ships  |    |  India’s fleet of 200 electric vehicles launched  |    |  CONCOR Q4 FY 2017 Net Profit up 9.63% at INR 335 cr  |    |  Kandla Port handles highest cargo of 5.45 lakh MT in a single day  |    |  UPS increasing Spanish air freight capacity  |    |  April air cargo rates up as Asia-North America volumes rise  |    |  Mundra ports quarterly profit up 27% to USD 182.6 million, sales up 18%  |    |  Aviation ministry to plan path for Air India this week  |    |  Paradip Port awarded for 2nd highest Traffic growth by Ministry of Shipping  |    |  200 MW solar projects to come up at major ports  |    |  Essar Shipping loss widens to INR 176 crore in Q4  |    |  DHL adds another China-Europe rail link  |    |  Railways to seek Cabinet nod for INR 35,000 cr development fund  |    |  Fraport profit soars 24.5% to USD 20.2 million, revenues rise 3.5%  |    |  CONCOR to start train service from ICD Agra to Mundra Port  |    |  Indian Railways will export 18 diesel locomotives to Myanmar  |    |  Korea seaport cargo up 6.6% in April  |    |  Toyota and Mitsubishi hope to run container port near Indonesian car plants  |    |  PMRDA to start work on ring road by October  |    |  AADA raises China-Australia rate USD 300 TEU July 1  |   
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200 MW solar projects to come up at major ports
The Union Shipping Ministry, in an effort to reduce the carbon footprint of 13 major public ports, is planning to set up solar power projects with up to 200 MW capacity. The Indian Ports Association (IPA) will do the project planning while the ports will finance the plants through internal accruals and debt that could include dollar-denominated loans. So far, major ports have already commissioned 16 MW of solar and ...
PMRDA to start work on ring road by October
The Pune Metropolitan Region Development Authority (PMRDA) is all set to start work on the INR 17,412-crore ring road by October this year as it has appointed an agency to prepare the detailed project report (DPR) for the project. Kiran Gitte, CEO and metropolitan commissioner of PMRDA said that “A DPR for the the 129-km ring road should be ready in four months as agency has been appointed for the purpose.&rd ...
Railways to seek Cabinet nod for INR 35,000 cr development fund
The Railways will soon move a Cabinet note to put in place a INR 35,000 crore fund, called the Railways of India Development Fund (RIDF). According to Railways officials, the Railways will have a minority stake of up to 49% in the fund, which will be used over seven years. The remaining stake will given away through a competitive bidding process, and the partner could be anybody —say multilateral or bilat ...
Chhattisgarh CM gives nod for Raipur-Vizag highway
Chhattisgarh Chief Minister (CM) Raman Singh has given an in-principle nod for connecting state capital Raipur to Visakhapatnam in Andhra Pradesh via a new road route. The neighbouring state’s Chief Minister N Chandrababu Naidu has proposed to link the two major cities through a national highway. An official here said that “While chairing a review meeting of the state’s Public Works Department ...
Highway projects worth INR 5 lakh crore planned in 2 yrs
The Government has set an ambitious target of awarding INR 5 lakh crore worth of highway contracts, totalling about 50,000 kilometer (km), in the last two years of its tenure, surpassing the cumulative road length awarded for paying in the last five years. Road Transport and Highways Minister Shri Nitin Gadkari said that the contracts will be for 44 Economic Corridors and 10 Expressways. Gadkari added that &quo ...
Visakhapatnam port, the second cleanest one in India
According to port chairman M.T Krishna Babu, Visakhapatnam port has been adjudged the second cleanest in the country by the Union Shipping Ministry. He said that the Quality Council of India, an independent agency set up by the Department of Industrial Policy and Promotion (Ministry of Commerce) with the involvement of Assocham, CII and FICCI, was appointed to conduct the study under Swachh Bharat Abhiyan. In t ...
Larsen & Toubro bags INR 300 cr order from Japan
The joint venture between India’s Larsen & Toubro (L&T) and Japan’s Mitsubishi Hitachi Power Systems Limited, L&T-MHPS Boilers Private Limited (LMB), has secured export orders worth around INR 300 crore from the Japanese thermal power generation company. The order placed by Mitsubishi Hitachi Power Systems (MHPS), itself a joint venture formed in 2014 by Mitsubishi Heavy Industries and Hitac ...
UPS to handle logistics operations for World Expo 2020 Dubai
UPS to handle the logistics operations for the World Expo in 2020 to be held in Dubai, which is expected to attract millions of visitors between its opening day on October 20 through to April 10, 2021. With more than 180 countries expected to participate and hundreds of thousands of visitors on peak days, the Expo will be one of the most complex logistics projects UPS has tackled. As Official Logistics Partner, UPS ...
PM to launch key projects at Kandla Port on May 23
The Prime Minister (PM), Narendra Modi, is expected to inaugurate/lay the foundation stone/participate in the award of a slew of projects pertaining to Kandla Port during his visit to Gandhidham/Kandla Port Complex on May 23, 2017, as part of his day long visit to Gujarat. The Port-related projects are the Smart Industrial Port City (SIPC), Kandla International Container Terminal (KICT), 6 MW and 16 MW wind energy ...
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