Coal News We love to talk!

NOV 15 2016

Tajpur port not to hinder Rs 500 croreHaldia Multi-Modal Terminal project

  • Economic Times, ET Bureau / Hyderabad
  • Created: Tue 15th NOV 2016

The proposed deep sea Tajpur port will not hinder development of Haldia Multi-Modal Terminal under JalMargVikasYojana, a top official said.

"We are targeting cargo coming to Haldia in mid-sized vessels and thus proposed Tajpur or Sagar ports do not come in the way," Inland Waterways Authority of India (IWAI) Vice-Chairman ParvirPandey said on the sidelines of a maritime conclave organised by Bengal Chamber.

The MMT project would cost around Rs 500 crore and the contract is expected to be tendered very shortly, he said.Pandey said World Bank has also given approval for the Rs 350 crore new navigational lockgate at Farraka contract awarded to L&T and SBE Belgium consortium.

The new lock gate is crucial for the Rs 5,369-crore JalMargVikas project of national waterways-I.Pandey said with the old lock gate, passage of ships takes two days, which will be reduced sharply.He said Nepal government has agreed to tweak the Indo-Nepal treaty to include waterways as an additional method of transportation.

"Container cargo now can go till Kalughta, north of Patna from Haldia and then it can take roadways which is just 2.5 hours to Nepal," Pandey said.India is also planning to transport LNG to Nepal and a terminal is been proposed at Gazipur under the project.



Nepal Inland Waterways Authority of India Haldia Liquefied natural gas India

Related News

  • Nepal needs regulatory reforms for power trading with India: IPPAN  Read more
  • Union Budget 2017: Petroleum Ministry gets cracking on creation of oil goliath in India  Read more
  • Cut in power tariffs must  Read more
  • Coal India Ltd announces second interim dividend for 2016-17  Read more
  • Bharat Light raises 200 Crore to buy DLF'swind energy assets  Read more
  • No impact of GST on renewables, no need for lower taxes: Piyush Goyal  Read more
  • Competition Commission asks Coal India again to desist from unfair business ways  Read more
  • Focussed on expanding green transmission corridor, says Goyal  Read more
  • Tax incentives on cards for hydropower projects?  Read more
  • ABFPL's new turbine & generator production facility commences operations in Sanand  Read more