BrahMos WORLD INDIA MADHYA PRADESH BHOPAL WTN SPECIAL GOSSIP CORNER RELIGION SPORTS BUSINESS FUN FACTS ENTERTAINMENT LIFESTYLE TRAVEL ART & LITERATURE SCIENCE & TECHNOLOGY HEALTH EDUCATION DIASPORA OPINION & INTERVIEW RECIPES DRINKS BIG MEMSAAB 2017 BUDGET 2017 FUNNY VIDEOS VIRAL ON WEB PICTURE STORIES Mahakal Ke Darshan
WTN HINDI ABOUT US PRIVACY POLICY SITEMAP CONTACT US
logo
Breaking News

KoPT, Bengal government to develop Tajpur port

Thursday - August 24, 2017 10:26 pm , Category : BUSINESS
 KoPT, Bengal government to develop Tajpur port
KoPT, Bengal government to develop Tajpur port

Kolkata Aug 24 (IANS) The Kolkata Port Trust (KoPT) and the West Bengal government through a joint venture company will develop the Tajpur port in the state s East Midnapore district a port official said on Thursday.



KoPT Chairman M.T. Krishna Babu met Chief Minister Mamata Banerjee and briefed her on the developmental works in Kolkata and Haldia dock.

A consultant is being appointed to prepare TEFR (Techno Economic Feasibility Report) and it will be ready in three to four months time.

Once the TEFR is ready the Shipping Ministry will process for cabinet approval the development of Tajpur Port by the Special Purpose Vehicle (SPV) of the state government and the KoPT Babu told Banerjee according to a statement.

Under the SPV Bhor Sagar Port Ltd the KoPT has 74 per cent stake while the state holds 24 per cent.

The SPV was supposed to take up deep sea port at Sagar but studies have identified Tajpur as a better location in terms of viability of the project.

The Chairman in the meeting raised the issue of difficulty in movement of edible oil from Haldia by rail due to local opposition from tankers association.

"Movement by road for longer distance is becoming costly to the extent of Rs 700 to 1 200 per mt. This may result in diversion of edible oil traffic to neighbouring ports " Babu told Banerjee.

--IANS
bdc/him/vd