Spotting
 Timeline
 Travel Tip
 Trip
 Race
 Social
 Greeting
 Poll
 Img
 PNR
 Pic
 Blog
 News
 Conf TL
 RF Club
 Convention
 Monitor
 Admin
 Bookmark
 Rating
 Correct
 Wrong
 Stamp
 HJ
 Vote
 Pred
 @
 FM Alert
 FM Approval
 Pvt
Forum Super Search
 ↓ 
×
HashTag:
Freq Contact:
Member:
Posting Date From:
Posting Date To:
Blog Category:
Train Type:
Train:
Station:
ONLY with Pic/Vid:
Sort by: Date:     Word Count:     Popularity:     
Public:    Pvt: Monitor:    RailFan Club:    

Search
  Go  
Full Site Search
  Full Site Search  
 
Thu Jan 17 20:33:29 IST
Home
Trains
ΣChains
Atlas
PNR
Forum
Gallery
News
FAQ
Trips/Spottings
Login
Feedback
Post BlogPost Trn TipPost Stn TipAdvanced Search

Blog Entry# 2988145
Posted: Jan 10 2018 (17:15)

No Responses Yet
  
General Travel
0 Followers
319 views
Jan 10 2018 (17:15)  

sonofgalaxy   72 blog posts
Entry# 2988145            Tags   Past Edits
@Indore
India lines up port investments; PSA's JNPT terminal ready
Singapore (Platts)--10 Jan 2018 133 am EST/633 GMT
India's ambitious multi-billion dollar plan to expand existing ports, set up new ones and revive inland waterways is on track. It has got a boost from rising port profits and a new container terminal will be operationalized in a few weeks, the country's shipping minister Nitin
...
more...
Gadkari said.
The JNPT port in India's financial capital Mumbai has already received offers from around 40 companies worth an aggregate total of $9 billion in its upcoming Special Economic Zone, or SEZ, which will be focused on exports, the minister said over the weekend. He was addressing a large gathering of overseas Indians in Singapore to mark the Pravasi Bharatiya Divas.
A Taiwanese company alone has promised an investment of over $900 million with the potential to create 40,000 jobs, he said without divulging the name.
India's largest container port JNPT is doubling its handling capacity and also setting up an adjacent SEZ in the face of stiff competition from private ports such as Adani Group-controlled Mundra.
"We are going to inaugurate a $1.2 billion port next month, in which Singapore has invested," Gadkari said. He was referring to the new container terminal to be opened shortly at JNPT by Bharat Mumbai Container Terminals, or BMCT, a wholly-owned subsidiary of Singapore's PSA International.
"The most important sector for us is shipping because of India's coastline of 7,500 km with 12 major ports, which are making good profits," the minister said. Annual profits accruing from ports are projected at around $1.05 billion this year, more than double the amount earned four years ago, he said.
The government has lined up plans to invest around $240 billion over a few years on a multiple-projects program including setting up six new major ports such as Wadhwan and Colachel, he said.
Close to $60 billion will be invested to improve port-road and port-rail connectivity, the minister said, adding that additional sums have also been allotted for modernization and mechanization of existing ports.
The new PSA terminal in JNPT will go a long way in improving the port-rail connectivity, the minister said. Until recently, rail has ceded share of cargo handling in JNPT, to road. However, with the setting of the new PSA terminal, the trend is likely to reverse.
State-owned rail company Container Corp. of India, or Concor, has signed a memorandum of understanding to run dedicated shuttle trains from the new terminal to consolidate containers railed between JNPT and the rest of the country.
Indian Port Rail Connectivity Corp., or IPRCL -- a company specially dedicated to this purpose -- is working on other routes to enhance the port-rail connectivity and has already approved several such projects, he said. These include the Indore-Manmad rail line, where an investment of $900 million has been lined up, he said. IPRCL also plans to connect JNPT with Kasara in neighboring Thane district.
A "smart city" with state-of-the-art technology and upgraded infrastructure is being set up at Kandla port, he said. For the first time since the Kandla port was developed in the 1950s, India has embarked upon setting up new major ports to handle rising freight traffic.
The minister said India is developing 111 inland waterways to reduce the cost of moving goods and passengers within the country. In areas where draft is shallow, dredging is being undertaken to increase it to 3 meters.
A 1,380 km Varanasi-Haldia inland waterway is being developed along the river Ganges and a similar project is also on along the Brahmaputra, he said. Sea traffic control has already started between Haldia and Patna with ferries and ro-ro vessels operating on the route.
A $150 million cruise terminal is being set up in Mumbai and similar initiatives will also be taken up in Chennai, Mangalore and Goa, he said.
"Thousands of Indian tourists travel all the way to Singapore for cruise holidays, when similar facilities can be provided within the country itself," Gadkari said. All these projects are part of the ambitious Sagarmala program to initiate a "Blue Revolution."
The term is used to refer to a vision of cutting logistical costs through improved and inter-linked waterways to facilitate transportation of goods for India's domestic market.
Furthermore, it is hoped that by upgrading and revitalizing existing ports, as well as building new ones, this would enable India's plan to increase manufactured exports and international competitiveness.

ARP (Advanced Reservation Period) Calculator

Reservations Open Today @ 8am for:
Trains with ARP 10 Dep on: Sun Jan 27
Trains with ARP 15 Dep on: Fri Feb 1
Trains with ARP 30 Dep on: Sat Feb 16
Trains with ARP 120 Dep on: Fri May 17

  
  

Rail News

New Trains

Site Announcements

  • Entry# 4188821
    Jan 06 (02:19AM)


    @all: At this time, the PNR Forum is functioning again, albeit at a greatly reduced volume and efficiency. Refreshing PNRs is a very cumbersome affair. We may expect this to end as well, eventually, as the Govt. tightens these controls further. At IRI, we CANNOT waste any more time on this fruitless...
  • Entry# 4187635
    Jan 05 (01:47AM)


    The following changes are being introduced to keep the PNR Forum functioning. . 1. A "bookmarklet" called "PNR Refresh" has been created. Just Copy/Paste a small piece of text into your browser bookmarks. The bookmarklet will be available by morning. . 2. When you click on Post/Update/Refresh PNR, you will be taken to the Official...
  • Entry# 4180488
    Jan 02 (11:57AM)


    @all: The PNR Forum as we know it is OVER. The official website has unilaterally decided to thoroughly block and shut down all access to PNR info. We had put in MANY, many years of PAINSTAKING effort to develop the PNR Prediction infrastructure, and our Sr. Legendary Members have helped countless people...
  • Entry# 4135478
    Dec 22 (12:58PM)


    Starting Monday, we shall be starting the slow Test rollout of our new app - called RailFan. . What is RailFan? It is expected that RailFan will be the future of the IRI site for mobile phones. A full dedicated offline-capable messaging/blogging app, encompassing all the features of the IRI site. The RailFan app...
  • Entry# 4073462
    Dec 06 2018 (12:50PM)


    There are some minor changes to the PNR Forum: 1. The main PNR feed will only show UN-predicted (by you) PNRs which are coming in. However, if there are replies, the PNR will show and will bubble to the top. Once you predict the PNR, it will go away from the main...
  • Entry# 4003283
    Nov 14 2018 (11:24AM)


    This is an advance notice of a new feature that will be introduced within the next couple of days. The feature is called "Spottings". . 1. Any time you see a train ANYWHERE - while railfanning, while travelling in a train, while visiting a station, seeing someone off, receiving someone, while your train...
Scroll to Top
Scroll to Bottom
Go to Mobile site
Important Note: This website NEVER solicits for Money or Donations. Please beware of anyone requesting/demanding money on behalf of IRI. Thanks.
Disclaimer: This website has NO affiliation with the Government-run site of Indian Railways. This site does NOT claim 100% accuracy of fast-changing Rail Information. YOU are responsible for independently confirming the validity of information through other sources.
India Rail Info Privacy Policy