ADB signs $500 mln loan for Delhi-Meerut RRTS Corridor

The Asian Development Bank (ADB) and the Government of India last week signed a $500 million loan, the first tranche of a total $1 billion facility, to build a modern, high-speed 82-kilometer Delhi-Meerut Regional Rapid Transit System (RRTS) corridor that will improve regional connectivity and mobility in India’s national capital region (NCR). The signatories to the loan agreement for the Delhi-Meerut RRTS Investment Project were  Sameer Kumar Khare, Additional Secretary (Fund Bank and ADB), Department of Economic Affairs in the Ministry of Finance who signed for the Government of India,…

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Gadkari lays foundation stones of major highway projects in MP

Union Minister for Road Transport, Highways and MSMEs Nitin Gadkari inaugurated and laid the foundation stones for 45 highway projects for the State of Madhya Pradesh through video conference last week. These projects for inauguration and foundation laying carry a Road length of 1361 kilometers, involving construction value of Rs 11427 crore. Paving the way for development of MP, these roads will enhance better connectivity, convenience and economic growth in and around the State. Speaking on the occasion, Gadkari said, the NH length in the state has tremendously improved in…

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NHAI unveils mobile app to monitor plantation along national highways

‘Harit Path, a unique app developed by the National Highways Authority of India (NHAI) to monitor plantation along national highways was inaugurated by the Union Minister for RTH  Nitin Gadkari last week. According to an NHAI release, to commemorate 25 years of its service to the nation, it has also recently undertaken ‘Harit Bharat Sankalp’, a nation-wide plantation drive which is in line with its commitment to promote environment protection and sustainability. Under this initiative, NHAI planted over 25 lakh plants in 25 days along the stretches of the National…

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Two ministries sign MoU for skill development in port sector

To reap the benefit for vast employment opportunities in maritime sector and with a view to certify their skill sets, Memorandum of Understanding (MoU) was signed digitally between Ministry of Shipping and Ministry of Skill Development and Entrepreneurship recently. Speaking on the occasion,Dr.Mahendra Nath Pandey, Minister of Skill  Development and Entrepreneurship, said, “Maritime transport is a critical segment that propels the economic development of our country. This strategic partnership with The Ministry of Shipping is also derived from the same motto. It is aimed in the direction in which our…

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NTPC develops infrastructure at Rihand for easy fly ash transportation

Power sector giant NTPC has developed infrastructure at Rihand project in Uttar Pradesh to transport fly ash in bulk to cement plants, located at distance, at a cheaper cost. The development is in line with NTPC’s commitment towards 100 percent utilization of fly ash from power plants. The first rake of 59 BOXN type of railway wagons carrying 3450 Metric Tonne (MT) of fly ash was flagged off from NTPC’s Rihand Super Thermal Power station recentlyfor ACC Cement Manufacturing Plant, Tikaria, U.P. located at a distance of 458 kms. To…

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BLR Airport reports growth in air cargo movement

Despite Covid-19 led disruptions crippling the businesses in the initial months of the current fiscal, International Airport, Bengaluru (KIAB/ BLR Airport) has claimed a stellar performance in air cargo handling during the pandemic. According to a recent press release by the company, the airport facilitated shipment of 71,406 Metric Tonnes (MT) of Cargo, including 6,194 MT of perishables and 2,300 MT of pharma supplies between April and July 2020. During this period, BLR Airport’s Cargo market share rose to 15.3% from 11.2%. While international Cargo throughput was 51,728 MT, domestic…

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Avana Logistek & KICT jointly create new milestone

Avana Logistek and Kandla International Container Terminal Limited (KICT) jointly created a new mile stone recently of loading on the vessel SSL Brahmaputra to its full capacity from a single terminal for the first time. The subject vessel, MV. SSL Brahmaputra 065 sailed on 29th July, 2020, with a total exchange of 3918 TEUs (Discharge: 2210 TEUs, Load: 1708 TEUs) “It’s a result of joint efforts and team work.  We express sincere gratitude to KICT for the excellent support and cooperation,” said a communiqué from Avana Logistek. “This is the…

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Green signal to new economic corridor projects in Haryana

Union Minister for Road Transport, Highways and MSMEs Nitin Gadkari inaugurated and laid the foundation stones of various Highway projects as part of a new economic corridor worth about Rs 20 thousand crore in Haryana last week through webcast. The projects inaugurated include the 35.45 km 4-lane Rohna/Hasangarh to Jhajjar section of NH 334B costing Rs 1183 crore, the 70 km 4-laning of Punjab-Haryana Border to Jind section of NH 71 costing Rs 857 crore, and the 85.36 km 2-lane with paved shoulders Jind-Karnal Highway on NH 709 costing Rs…

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Strategy to develop India’s first trans-shipment hub

Minister of State for Shipping Mansukh Mandaviya, while reviewing the development activities of Vallarpadam Terminal of Cochin Port last week, instructed the officials to chalk out the strategy to tackle the various challenges and actualize the vision of Trans-shipment Hub of India and pioneer hub in the South Asia. “We are developing trans-shipment facility on Indian port to ensure that Indian cargo trans-ship through Indian Port. Resolving various issues of Vallarpadam Terminal is one of the top priority of the Ministry of Shipping,” he said. Trans-shipment Hub is the terminal at the…

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Funds approved for advanced fire fighting facility at Haldia

Ministry of Shipping has approved Rs. 107 crore for augmentation of firefighting facilities on five jetties of Haldia Dock Complex, Kolkata Port. The modern firefighting facility will enable the Haldia Dock Complex in safe handling of the movement of petro-chemical products as the existing facility does not support the handling the LPG and other petroleum products as per the guideline of Oil Industry Safety Directorate (OISD) of the Ministry of Petroleum and Natural Gas. Ministry of Shipping has prioritized safety and security of cargo operation on all major ports. LPG…

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