Visakhapatnam Port

CCEA Approves Upgradation of Vizag Port

The Cabinet Committee on Economic Affairs has approved the project for upgradation of existing facility and creation of a new facility at Visakhapatnam Port Trust for iron ore handling in two phases on Design, Build, Finance, Operate and Transfer (DBFOT) basis at an estimated cost of Rs. 845.41 crore. The project will be taken up… Read More

Tags: Cabinet Committee on Economic AffairsDBFOTIron orePPPPrivate Public PartnershipPublic–private partnershipPurchasing power parityVisakhapatnam Port

Setting up of new major ports in the states of West Bengal and Andhra Pradesh

The Cabinet Committee on Economic Affairs (CCEA) today approved the proposal of the Ministry of Shipping for:  (i) setting up a new major port at Sagar Island in West Bengal through the Public Private Partnership (PPP) mode by following the extant procedures for project appraisal/approval, including obtaining environmental clearances, etc.  (ii) appointing the transaction advisers… Read More

Tags: Andhra PradeshCouncil for the Curriculum Examinations & AssessmentHaldiaHooghly RiverPublic–private partnershipSagar IslandVisakhapatnam PortWest Bengal

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