Shipping Ministry

Guidelines for Determination of Tariff for Projects at Major Ports announced.

Union Minister for Shipping Mr. G K Vasan today announced in Mumbai the new Guidelines for determination of tariff for major port projects in the country.  The new simplified guidelines are expected to pave way for increased investment flows into the port sector. Addressing a press conference, Mr Vasan said "the new guidelines allow the competitive market forces to… Read More

Tags: Cabinet of IndiaG.K. VasanMajorMumbaiNhava ShevaShipping MinistryTAMPTariff

CCI advises Security Agencies to adhere to approved timelines for grant of security clearances

The Cabinet Committee on Investment today directed various security agencies to adhere to the timeline of 12 weeks already approved by the Cabinet Committee on Security, for grant of security clearances for port infrastructure improvement projects. In the year 2012-13, 32 projects were awarded resulting in capacity addition of 136.75 MTPA and involving an investment… Read More

Tags: Cabinet CommitteeGovernment of IndiaIndiaPublic–private partnershipPurchasing power paritySecurity clearanceShipping Ministry

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