Paradip Port Trust plans to raise the port capacity to 251 million tpa by 2020.
It also plans to set up a new port at Bahuda Muhan near Gopalpur in a JV with
the Odisha government. The satellite port will handle thermal coal cargo and
cater to power generation units in the south. It will serve as a ‘green port' with
fully mechanised operations and have little impact on environment.
Indian Railways soon intends to sign a JV agreement for setting up a wagon
component manufacturing facility at Jellingham in East Midnapore district of
West Bengal. The
200-crore project will be set up for manufacturing 10,000
wagon couplers and 10,000 bogies per year. The Railways has agreed to an
assured off-take of 5,000 couplers and 5,000 bogies per annum. The project
was sanctioned to set up a steel foundry for manufacturing of wagon bogies
and wagon couplers where Burn Standard has 128 acres on lease from the
Kolkata Port Trust.
BEML is setting up an aerospace manufacturing division at an SEZ park near
Bangalore International Airport, Devanahalli, in Bengaluru, at an investment of
455 crore. The project will be spread over 3,00,000 sq. ft area. The facility will
manufacture aerospace components and parts, and assemble aircraft and
helicopters up to 21 metre height. The facility will be ready by September this
year. V.R.S. Natarajan, Chairman and Managing Director, BEML, performed
the bhoomi pooja for beginning civil construction of the project on April 2.
South Eastern Railway has commenced trial run of "rolling engine" between
Mathnashipur and Mustafachak via Berugram, Dadpur and Habaspur, a 7-km
stretch of the Mathnashipur-Masagram new line project. The trial engine also
crossed two major bridges—over Damodar between Dadpur and Berugram
and near Habaspur. The
40-crore project would serve as a link (10.4 km)
between the district headquarters of Bankura and Bardhaman of West Bengal
and is part of the Bankura-Rainagar-Mathnashipur-Masagram Railway project.
Asian Development Bank and
Bangalore Metro Rail Corporation Ltd
signed a facility agreement for the Bengaluru Metro project on March 27. ADB
will provide $250 million (approximately
1,250 crore) to part-finance the
metro project, which comprises two corridors with a track length of 42.3 km.