Indian ports are exploring smart and sustainable solutions for improving their performance and efficiency. Besides an increased focus on smart asset management in port operations, new smart port cities are also being planned. Smart port […]
The road sector has witnessed a higher uptake of projects in the past two years compared to previous years. […]
JNPT is planning to accept vessel-related charges in US dollars, to help earn foreign currency and thus add to India’s foreign exchange reserves. Currently, ships pay in rupee equivalent. Under the new system, JNPT will […]
Tata Communications is reportedly planning to sell 74 per cent stake in its subsidiary, Tata Communications Data Centre Private Limited, to Singapore Technologies Telemedia. The deal is said to be valued at Rs 40 billion-Rs45 […]
Gujarat State Petronet Limited (GSPL) has bought 27.43 per cent stake in Sabarmati Gas Limited (SGL) from financial institutions for a consideration of Rs 562.3 million. SGL is a JV of Bharat Petroleum Corporation Limited […]
PNC Infratech Limited has announced the completion of the transaction involving sale of equity shares of Jaora-Nayagaon Toll Road Company Private Limited (JTCL) to Viva Highways Limited for a consideration of Rs 341.94 million. PNC […]
NCC Limited, along with Gayatri Projects Limited (GPL) and GPL’s subsidiary Gayatri Infra Ventures Limited (GIVL), has executed a definitive SPA to divest 100 per cent stake in Western UP Tollway Limited (WUPTL) to Cube […]
According to reports, the Essar Group is holding preliminary discussions with Saudi Arabian oil company Saudi Aramco to sell a stake in its refinery business, Essar Oil Limited, which is valued at about $5.5 billion. […]
TPCL has terminated the share purchase agreement (SPA) with Ideal Energy Projects Limited (IEPL) for the acquisition of 100 per cent stake in the latter’s 270 MW coal-based power project (extendable to 540 MW) in […]
Bengaluru-based mobile development toolkit start-up Hansel.io has raised an undisclosed amount of funding from venture capital fund Endiya Partners. The transaction was facilitated by Tracxn Syndicate, a data analytics firm that connects start-ups with potential […]
The Ministry of Power has issued direction to the financial institutions it controls in the power sector – the Rural Electrification Corporation and Power Finance Corporation – to take stakes in NHPC Limited. The move […]
The Securities and Exchange Board of India has approved the proposed initial public offerings (IPOs) of Chennai-based construction company GVR Infra Projects Limited and of Mahanagar Gas Limited (MGL), a Mumbai-based city gas distribution company. […]
The Japan International Cooperation Agency (JICA) has agreed to extend loans worth Rs 4 billion for implementation of the Shiradi Aizawl-Tuipang two-laning road project (National Highway [NH]-54) and Tura-Dalu two-laning road project (NH-62) in Mizoram […]
The size and type of vessel being used in liquefied natural gas (LNG) transportation has implications on jetty and terminal design. LNG vessels are classified according to their cubic metre carrying capacity. Among these vessels, […]
During April-November 2015, major ports saw an increase of 3.3 per cent in cargo traffic, while non-major ports witnessed a decline of about 1 per cent. Overall, these numbers do not indicate any significant change […]
Kamarajar Port Limited (KPL), erstwhile Ennore Port Limited, is the first corporatised port in India. It has taken a number of initiatives to increase its cargo-handling capacity. One such initiative was the development of a […]
Intelligent use of inland water transport (IWT) can go a long way in reducing India’s logistics costs from the existing 14-15 per cent of gross domestic product to 9-10 per cent. Various projects are therefore […]
While there have been significant improvements in capacity addition and efficiency in port operations over the past few years, a lot still remains to be done. Some of the key factors influencing port users are: […]
Evacuation is the biggest challenge facing Indian ports today. Although major ports have double-line rail connectivity, all routes to key destinations are congested. In the case of non-major ports, a few like Pipavav, Dahej, Mundra, […]
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