Essar Ports to refinance $600-mn debt

June 2018

Essar Ports is planning to refinance $600 mn of bank borrowings to lower its cost of funds to 8-8.5 per cent from 11 per cent at present. ...

Tags: Essar Ports, Essar Steel

Satellite port to come up in Maharashtra

June 2018

After scrapping its plans to build a satellite port at Betul, Mormugao Port Trust (MPT) has now turned to Vijaydurg in Maharashtra, where it will con...

Tags: Satellite port, Mormugao Port Trust, Greenfield port, Container, Crude oil, fertiliser, Limestone cargo, Mumbai Port, Jawaharlal Nehru Port

SC restores green clearance granted to Adani's Hazira Port

June 2018

The Supreme Court has restored the environment clearance granted to Adani Hazira Port, a unit of Adani Ports and Special Economic Zone, setting aside...

Tags: Adanis Hazira Port, Supreme Court, Special Economic Zone, NGT cancelling

Chabahar port project likely to remain unaffected

June 2018

US President's decision to re-impose economic sanctions on Iran will not affect India's plans to develop the port of Chabahar in Iran....

Tags: Port, Chabahar port project

Government nod to revive 50 airports in three years

April 2017

To boost regional air connectivity, CCEA has approved the revival of 50 unserved or underserved airports at Rs 4,500 crore over a period of three yea...

Tags: CCEA, Underserved airports, Regional connectivity scheme

Centre to fund port development in Tripura

April 2017

The Ministry of Shipping has agreed to fund a river port at Sonamura sub-division of west Tripura, connecting River Gomati of Tripura with River Megh...

Tags: Ministry of Shipping, River Gomati of Tripura, River Meghna, Inland Waterways, Ministry of Shipping, Fund port development

Railways to produce 1,000 MW solar energy

April 2017

To reduce carbon footprints, the Indian Railways has taken several green initiatives and will produce 1,000 MW solar energy. Letters of intent have a...

Tags: Reduce carbon footprints, Indian Railways, Railway Ministry, UNEP

Chandigarh railway station set to get a makeover

April 2017

Chandigarh's railway station will soon get a makeover. As per the plan, the railway station will be redeveloped in two phases by 2019. The first phas...

Tags: Chandigarh railway station, Five-storey building, Railway Board, VIP lounge