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

  • Govt to decide on diesel, LPG price hike in a few weeks  Read more
  • Essar Power may repay its Rs 2000 crore debt in next 2 years  Read more
  • List of nations keen to replicate Indias LPG reform story grows  Read more
  • Tamil Nadu to stop using imported coal for power generation, save Rs 400 crore  Read more
  • BPCL gets Environment Ministry nod for expansion project  Read more
  • Indian basket of crude oils goes sub-$25 a barrel  Read more
  • HC reserves verdict on Cairn Indias plea for crude export  Read more
  • CSL qualifies to build LNG containment system  Read more
  • Oil PSUs spend third of annual capex in 5 months  Read more
  • India plans high speed diesel pipeline to Bangladesh  Read more