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English Release 16-April 2014
Date Month Year
  • Election Commission
  • Facts at a Glance: Jammu & Kashmir (5th Poll Day)
  • Min of Commerce & Industry
  • Indian Industry has an Important Role to Play in Developing Standards: Cabinet Secretary
  • Ministry of Finance
  • Change in Tariff Value of Crude Palm Oil, RBD Palm Oil, Others – Palm Oil, Crude Palmolein, RBD Palmolein, Others – Palmolein, Crude Soyabean Oil, Brass Scrap (All Grades), Poppy Seeds, ARECA Nuts, Gold and Silver Notified
  • Min of Personnel, Public Grievances & Pensions
  • ACC Appointments
  • Min of Petroleum & Natural Gas
  • Diesel Under-Recovery declines to Rs 5.49/litre for the fortnight commencing 16.4.2014

Previous Date

 
Cabinet Committee on Infrastructure22-November, 2012 20:19 IST
Development of Single Point Mooring and allied facilities off Veera (outside Kandla creek) in Gulf of Kutch at Kandla Port

The Cabinet Committee on Infrastructure today approved the Project for Development of Single Point Mooring (SPM) and allied facilities for the import of crude oil off Veera (outside Kandla creek) in Gulf of Kutch at Kandla Port on Build, Operate and Transfer (BOT) basis for a period of 30 years at an estimated cost of Rs. 621.53 crore.

Kandla Port is strategically placed to function as the gateway to Western and Northern India particularly for import of crude oil. There are several refineries in the North-Western India that require support facilities like SPMs. The expansion of existing refineries in the Northern and Western Regions are expected to create additional demand for SPM facilities for ports on the West Coast. Kandla Port proposes to capture this incremental demand, and this project has been conceived accordingly.

The SPM project will enable the Kandla Port Trust to enhance its capacity by 12 MTPA taking the total cargo handling capacity of the Port to 104 MTPA and this will also augment the energy security of the country.

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SH/SK
(Release ID :89261)

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