The Dredging Corporation of India Limited has declared  a 20% dividend on the paid up capital of Rs.28 Crore for the year 2017-18. A cheque of Rs. 4,11,44,026  (Rs. 4.11 Crore ) was handed over to Shri Nitin Gadkari,  Minister of Shipping, Road Transport & Highways, Water Resources, River Development & Ganga Rejuvenation by Shri Rajesh Tripathi, CMD, DCI  in ...

   The Minister of State for Shipping and Finance Shri Pon Radhakrishnan in a written reply to a question in Lok Sabha today informed that to make use of the complementarity between development of inland water transportation and major ports, under Section 111 of the Major Port Trusts Act, 1963, directions have been issued by the Government on 18th April, 2018 to five ...

The Ministry of Shipping has undertaken a diverse set of initiatives as part of its drive to boost profitability across major Indian ports. One major initiative is to improve the returns earned on treasury investments by the ports for pension, provident and surplus funds. Across all major ports, these funds add up to around Rs 33,000 crore, yielding interest of ...

The Minister of State for Shipping and Finance Shri Pon Radhakrishnan in a written reply to a question in Lok Sabha todayinformedthatall the 12 Major Ports have earned operating surplus during the last three years. This has been possible on account of various infrastructure & development projects undertaken by the Ports which is an ongoing process and also because of ...

The Minister of State for Shipping and Finance Shri Pon Radhakrishnan in a written reply to a question in Lok Sabha today informed that under Sagarmala Programme, 243 projects (cost: Rs. 142,989 crore) have been identified for enhancing the infrastructure at Indian ports upto 2035. Out of these 44 projects (cost: Rs.8549 crore ) have been completed and 79 projects (cost: ...

The major ports in India have recorded a growth of 3.91% and together handled 174.02 Million Tonnes of cargo during the period April to June, 2018 as against 167.48 Million Tonnes handled during the corresponding period of previous year. For the period from April- June 2018, nine ports – Kolkata including Haldia, Paradip, Visakhapatnam, Kamarajar, Chennai, Cochin, New Mangalore, JNPT and ...

Paradip Port, Kamarajar Port & VO Chidambarnar Portunder the Ministry of Shipping are all set to pioneer water recycling and desalination of sea water in the port premises. The Union Minister for Shipping, Road Transport & Highways, Water Resources, River Development and Ganga Rejuvenation Shri Nitin Gadkari, chaired a meeting of port chairmen recently to discuss desalination technologies and their ...

 The aims and objectives of Project UNNATI of the Ministry of Shipping are as follows: Benchmark operational and financial performance of the 12 major ports with selected Indian private ports and best-in-class international ports for identifying improvement areas. Undertake capability maturity assessment for key processes and functional capabilities (e.g., IT, HR, Environment, and Health) and identify gaps and areas for ...

Government Revises Model Concession Agreement for PPP in Major Ports  In order to make  port projects more investor friendly and make investment climate in the Major Port sector more attractive, the Government has approved the revised Model Concession Agreement (MCA) for Public Private Participation (PPP) projects in Major Ports on 3.1.2018.  Salient features of the revised MCA are as follows ...

Financial Assistance Policy for Shipyards  The Minister of State for Shipping Shri Pon Radhakrishnan informed in a written reply to a question in Lok Sabha today that the  Government has introduced a Rs.4000 Crores Financial Assistance Policy (FAP) for Indian shipyards for a period of 10 years, for contracts secured between 01.04.2016 and 31.03.2026. Under this scheme financial assistance equal ...