India: JNPT Welcomes Budget Proposal

The country’s largest container port JNPT, welcoming the Budget proposal that made import of dredging machinery duty-free, yesterday announced that the provision will help it save about Rs 100 crore on the upcoming dredging project, reports IBN Live.

The chairman of JNPT L Radhakrishnan stated: “We are going to save at least Rs 100 crore on dredging project because we fought this issue of bringing us at par with NHAI for import of machinery for dredging.

Radhakrishnan also said the Jawaharlal Nehru Port Trust had persistently sought to give it an equal status as the National Highway Authority when it comes to duty on import of equipment used for works.

He, however, added that the port, which is soon to award a contract for the Rs 1,600 crore dredging project, is yet to get the formal orders. The project aims at increasing the depth of the 35 km channel up to the port to 14 metre against 10 metre which will allow movement of larger ships.

Dredging Today Staff, March 21, 2012;

Share this article

Follow Dredging Today

Events>

<< Oct 2016 >>
MTWTFSS
26 27 28 29 30 1 2
3 4 5 6 7 8 9
10 11 12 13 14 15 16
17 18 19 20 21 22 23
24 25 26 27 28 29 30
31 1 2 3 4 5 6

Marine & Coastal Civil Engineering 2016

Marine & Coastal Civil Engineering 2016 is the UK’s leading event in presenting global solutions and innovative concepts to professionals…

read more >

MIDAS Final Meeting

This meeting will showcase the final results and outcomes arising from the past 3 years of MIDAS research. The meeting is open to all, but…

read more >

INNOVATION IN FLOOD RISK MANAGEMENT IN THE UK

This seminar will cover the benefits and approaches to innovation in flood risk management. This includes innovations in engagement with…

read more >

HTX COPRI CHAPTER – FALL CONFERENCE 2016

HTX COPRI goals are to enhance the advancement of scientific and engineering knowledge for members engaged in sustainable development…

read more >

Jobs>

Hydrographic Surveyor

Gahagan & Bryant Associates, Inc. (GBA) is posting the following career opportunity in their Houston, TX and Baltimore, MD and Tampa, FL offices....

apply

Dredge Masters, Engineers and Superintendent\\\\\\\'s Urgently Required!

Flagship Management is working with a number of leading international marine and dredging organizations and require the following candidates for a range of global projects...

apply

Design Engineer Standard Cutter Suction Dredgers

As a Design Engineer you will be involved in the concept, basic and detail design of Cutter Suction Dredgers...

apply