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Bill to convert Major Port Trusts into port authorities gets Rajya Sabha nod February 10, 2021 The new law will clear the decks for market pricing of services rendered by the government-owned port authorities and public private partnership operators - The Hindu The new law will clear the decks for market pricing of services rendered by the government-owned port authorities and public private partnership operators - The Hindu× Biggest structural reform of major ports The Rajya Sabha on Wednesday passed a Bill that seeks to convert 11 of the 12 ports run by the Central government into “authorities” from the current “trustee” set-up, in the biggest structural reform of state-owned ports ever attempted by any government.
| A+A A- Express News Service PARADIP: Five years back, Lunukula village under Kujang block of Jagatsinghpur district wore a barren look. It’s green cover had been robbed of by a series of natural disasters, and whatever remained was devoured by timber smugglers. Today, the village - home to 2,000 people - has 500 varieties of trees. Lunukula got its gift of greenery from Jagatsinghpur’s Brukhya Manab (Forest Man) Amresh Naresh Samant who created a ‘gramya jungle’ (rural forest) in the village on three acres of land. Samant started planting the trees in 2015. “When I started this initiative at Lunukula, villagers were not aware of the importance of trees and the green cover. It took me some time to make them understand why planting trees is important to maintain the ecological balance. Today, they themselves take care of the trees”, says 46-year-old Samant, an engineer at Paradip Port Trust who is on a mission to create rural jungles across Jagatsinghpur and Kendrapara districts.
Dredging Corporation picks industry veteran Victor as new MD and CEO January 01, 2021 Will assume charge on March 1 Dredging Corporation of India Ltd (DCI) has picked industry veteran GYV Victor as its next Managing Director and Chief Executive Officer for a five-year term beginning February 1. The Board of Mumbai-listed DCI cleared the appointment of Victor, multiple government sources said. Victor will join on February 1 as a special officer and assume charge as MD and CEO from March 1, the sources said. This is the first top management appointment at India’s biggest dredging contractor after the company was acquired by four Centre-owned major port trusts in a strategic divestment deal.
Major port trusts can award dredging works to DCI on nomination basis January 01, 2021 Draft dredging guidelines specify when this can be done Centre-owned major port trusts will have to give dredging works on nomination basis (without tender) to Dredging Corporation of India Ltd (DCI) according to the draft dredging guidelines for major ports prepared by the ministry of ports, shipping and waterways. “Major Ports may entrust a dredging project to a ports’ owned company, in which it owns controlling share, on nomination basis on approval of Board of Trustees/ Directors of the Port,” says the draft prepared by the ministry and circulated for public consultation.
CCEA approves deepening, optimisation of inner harbour facilities at Paradip Port ANI | Updated: Dec 30, 2020 18:01 IST New Delhi [India], December 30 (ANI): The Cabinet Committee on Economic Affairs has approved the project Deepening and Optimization of Inner Harbour Facilities including Development of Western Dock on Build, Operate and Transfer (BOT) basis under Public-Private Partnership (PPP) mode to handle cape size vessels at Paradip Port. The estimated cost of the project is Rs3,004.63 crores, which includes the development of the new Western Dock on BOT basis and capital dredging by the selected Concessionaire at a cost of Rs.2,040 Crore and Rs 352.13 crores respectively; and Paradip Port's investment will be to the tune of Rs.612.50 crores towards providing Common Supporting Project Infrastructure, as per an official release.
Govt approves Rs 3,000 crore project for Paradip port PTI New Delhi: The government Wednesday said it has approved a Rs 3,000 crore project to turn Paradip Port into a world-class port by setting up a dock. The decision to set up a western dock was taken by the Union Cabinet in its meeting held Wednesday, Ports, Shipping and Waterways Minister Mansukh Mandaviya said. “The Cabinet has approved setting up of Western dock at Paradip port at a cost of Rs 3,000 crore which will transform the port into a world-class and modern port. ….The decision has been taken with a futuristic approach as Prime Minister has been laying emphasis on development of eastern states,” Mandaviya said briefing the media after the Cabinet meeting.
A general view of Paradeep port. (File Photo) BHUBANESWAR: The Cabinet Committee on Economic Affairs chaired by Prime Minister Narendra Modi on Wednesday approved a project with an estimated cost of Rs 3,004.63 crore for deepening of Paradip port to handle cape-size vessels or large-sized bulk carriers above 1.50 lakh metric tonne in weight. Briefing reporters in Delhi, minister of state for ports, shipping and waterways Mansukh Mandaviya said the futuristic move is being taken keeping in mind the new ships being built in the world which can’t be anchored in Indian ports. When large-sized vessels can’t be anchored, these have to stop in deep sea and from there loading and unloading of cargo is done from or to smaller ones. This increases the logistics cost, he said.
Inner harbour facilities' optimisation at Paradip Port indiagazette.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiagazette.com Daily Mail and Mail on Sunday newspapers.
सरकार ने पारादीप बंदरगाह के लिये 3,000 करोड़ रुपये की परियोजना को मंजूरी दी business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.
It’s curtains for Sethusamudram ship channel project Sethusamudram Corporation Ltd (SCL) is set to be wound up, bringing to end an ambitious maritime project that turned controversial over religious sentiments. “The Sethusamudram Corporation has passed a resolution seeking additional grant of ₹115.72 crore from the government to settle the dues of Dredging Corporation of India for the dredging works carried out at the project site along with a proposal to the ministry of ports, shipping and waterways for winding up SCL,” government sources said. The ruling Bharatiya Janata Party (BJP) was opposed to the project when it was in the Opposition.