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


<< Oct 2016 >>
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

CEDA Iberian conference: Dredging for sustainable port development announced

CEDA’s technical committee has carefully curated this conference with a view to exchanging the latest knowledge and real-world experience…

read more >

AAPA 2016 Annual Convention and Expo

The AAPA Annual Convention and Expo is recognized as the premier gathering of the seaport industry…

read more >

Offshore Energy Exhibition 2016

Offshore Energy Exhibition & Conference (OEEC) is the only dedicated offshore energy event in the Netherlands. Founded in 2008, OEEC has…

read more >

12th Trans Middle East 2016

A two days Conference Programme will feature 30 world-class conference speakers addressing topical issues and challenges on global…

read more >


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...


Hydrographic Surveyor

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


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...