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AP pegs Machilipatnam port project cost at ₹3,650 cr; submits tenders for judicial preview

AP pegs Machilipatnam port project cost at ₹3,650 cr; submits tenders for judicial preview
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Indian ports, shipping firms to ink MoUs worth Rs 3,38,561 cr at maritime summit


Indian ports, shipping firms to ink MoUs worth Rs 3,38,561 cr at maritime summit
A total of 22 entities, including government shipping companies and ports will sign MoUs with gobal investors during the summit, according to an official close to the development. The three-day summit was inaugurated by PM Modi in New Delhi on Tuesday
Ashutosh Kumar | March 2, 2021 | Updated 22:08 IST
A total of 22 entities, including government shipping companies and ports will sign MoUs with gobal investors during the summit
Shipping companies and major and minor ports in the country will ink 486 Memorandum of Understandings (MoUs) for investments worth Rs 3,38,561 crore on the sidelines of the ongoing Indian Maritime Summit. The three-day summit was inaugurated by Prime Minister Narendra Modi in New Delhi on Tuesday.A total of 22 entities, including government shipping companies and ports will sign MoUs with gobal investors during the summit, according to an official close to the d ....

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VPT signs MoUs worth ₹58,831 crore


VPT signs MoUs worth ₹58,831 crore
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The port trust enters into pacts for capacity expansion, dredging and harbour operations
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The port trust enters into pacts for capacity expansion, dredging and harbour operations
The Visakhapatnam Port Trust (VPT) on Friday several memorandum of understanding (MoUs) worth ₹58,831 crore with stakeholders, ahead of the second Maritime India Summit, scheduled to be held in the city from March 2 to 4.
An MoU was signed between the VPT and the HPCL worth ₹28,264 crore for capacity expansion.
The ArcelorMittal Nippon Steel India also entered into a pact worth ₹600 crore with the VPT for enhancing the present capacity of the AMNS pelletisation plant. ....

Andhra Pradesh , Narendra Modi , K Rama Mohan Rao , Visakhapatnam Port Trust , Corporation Of India , Maritime India Summit , Arcelormittal Nippon Steel India , Dredging Corporation , Andhra Pradesh Maritime Board , Prime Minister Narendra Modi , ஆந்திரா பிரதேஷ் , நரேந்திர மோடி , கே ராமா மோகன் ராவ் , விசாகப்பட்டினம் போர்த் நம்பிக்கை , நிறுவனம் ஆஃப் இந்தியா , கடல் இந்தியா உச்சிமாநாடு , அர்ஸலாமிட்டல் நிப்பான் எஃகு இந்தியா , அகழ்வாராய்ச்சி நிறுவனம் , ஆந்திரா பிரதேஷ் கடல் பலகை , ப்ரைம் அமைச்சர் நரேந்திர மோடி ,

Maritime Board official visits Sri City


Maritime Board official visits Sri City
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Lieutenant Commander Ravindranath Reddy, Deputy Chief Executive Officer of Andhra Pradesh Maritime Board, hailed the industrial infrastructure at Sri City industrial city and termed it a ‘world-class facility’.
The official, who recently assumed charge, paid a visit to the world class industrial facility on Tuesday where he said he had an ambition of building a string of ports and fishing harbours along the State’s 975-km coastline.
Sri City Founder and Managing Director Ravindra Sannareddy formally ushered him into the sprawling compound and explained him its unique features. Mr. Reddy was impressed at the brisk activity in the industrial units. ....

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