Online edition of India's National Newspaper
Saturday, May 24, 2008
ePaper | Mobile/PDA Version
Online edition of India's National Newspaper Saturday, May 24, 2008 ePaper | Mobile/PDA Version |
|
|
|
|
|
|
| Kerala |
 |
News:
ePaper |
Front Page |
National |
Tamil Nadu |
Andhra Pradesh |
Karnataka |
Kerala |
New Delhi |
Other States |
International |
Opinion |
Business |
Sport |
Miscellaneous |
Engagements |
Advts: Retail Plus | Classifieds | Jobs |
Kerala
THIRUVANANTHAPURAM: The Cabinet on Friday approved the tender submitted by a consortium led by Lanco Kondapally of Hyderabad for the construction of the Vizhinjam International Container Transhipment Terminal, near here. Briefing presspersons on the Cabinet decisions, Chief Minister V.S. Achuthanandan said the contract would now be sent to the Centre for security clearance. He did not see any hitch in getting the clearance. (A contract previously approved by the Cabinet did not get the clearance because of the presence of Chinese companies in the consortium.) Mr. Achuthanandan said the terminal was to be built on a build-operate-and-transfer (BOT) basis. The first phase of the project would be completed in three years. The State government, he said, would have a 24 per cent share in the company to be formed for implementation of the project. The BOT contract would be for 30 years after which the terminal would become fully-owned by the government. The project costing Rs.5,348 crore would create 5,000 direct employment and 1.5 lakh indirect employment opportunities. Vallarpadam project Mr. Achuthanandan said the Cabinet sub-committee on the Vallarpadam container terminal had decided to solve all outstanding issues regarding acquisition of land for the project and rehabilitation of the evictees before May 31. He said the State would urge the Centre to amend the Essential Commodities Act to include rice and wheat in the schedule of essential commodities.
Printer friendly
page
News:
ePaper |
Front Page |
National |
Tamil Nadu |
Andhra Pradesh |
Karnataka |
Kerala |
New Delhi |
Other States |
International |
Opinion |
Business |
Sport |
Miscellaneous |
Engagements |
|
|
|
The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription Group Sites: The Hindu | The Hindu ePaper | Business Line | Business Line ePaper | Sportstar | Frontline | Publications | eBooks | Images | Home |
Copyright © 2008, The
Hindu. Republication or redissemination of the contents of
this screen are expressly prohibited without the written consent of
The Hindu
|
