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 India, G.K. Vasan, Major, Mumbai, Nhava Sheva, Shipping Ministry, TAMP, Tariff
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 Committee, Government of India, India, Public–private partnership, Purchasing power parity, Security clearance, Shipping Ministry