You are here: Home >> English News & Features >> BUSINESS & ECONOMY

Mumbai harbour dredging plan cost up 154%

DNMUM380128 | 12/26/2016 | Author : Ateeq Shaikh | WC :896

DNA EXCLUSIVE

Mumbai: In a decade, the cost for deepening and widening of Mumbai’s harbour and port channels has shot up by 154% from Rs 800 crore to Rs 2,029 crore, and by the time the project is completed, there may be more price revisions.
The plan to deepen and widen Mumbai harbour channel and port channel (Phase II) for the benefit of Jawaharlal Nehru Port Trust (JNPT) and Mumbai Port Trust (MbPT) has now reached for a green nod and may take some more time before the work commences.
The estimated project cost was pegged at Rs 800 crore and revised to Rs 1,055 crore. Half a decade ago, the cost was estimated at Rs 1,571.60 crore, but now it has shot up to Rs 2,029 crore. There are also plans for developing an Emergency Anchorage, but
Read full story


Copyright restricted. Under license from www.dnasyndication.com   
Add To Lightbox
Calculate Price

More on BUSINESS & ECONOMY

Campus hiring: Art or science?
DNMUM381559 | 1/19/2017 12:00:00 AM | Author : Arun Krishnan | WC :497

I have always been fascinated by the process of campus hiring. Fascinated and somewhat bemused. Having done it once on a much smaller scale, I am astounded by how large organisations can simply go to campuses and hire employees by the hundreds, even
Add To LightboxCalculate Price

Loss on shares sold on bourse can’t be carried forward
DNMUM381561 | 1/19/2017 12:00:00 AM | Author : Harsh Roongta | WC :442

My annual income is more than 25 lakh per annum and accounts are being audited by a chartered accountant (CA). During FY16 (AY17), I suffered long-term capital loss (LTCL) of Rs 55,000 on shares sold on NSE, while filing income tax (I-T) return. My C
Add To LightboxCalculate Price

Sensex gains 22 pts as govt holds tax move
DNMUM381562 | 1/19/2017 12:00:00 AM | Author : dna correspondent | WC :171

Mumbai: Markets recovered on Wednesday with the benchmark indices gaining marginally on the back of government putting FPI taxation on hold and emerging markets consolidating ahead of Trump swearing ceremony on Friday. The BSE Sensex closed at 27258
Add To LightboxCalculate Price

JNPT plans `1Kcr port on west coast
DNMUM381563 | 1/19/2017 12:00:00 AM | Author : Ateeq Shaikh | WC :397

Mumbai: Jawaharlal Nehru Port Trust’s (JNPT’s) Board has plans to invest a minimum of Rs 1,000 crore as part of its latest expansion plan, wherein it may either build a new port or buy an existing one on the western coast. Even under-construction por
Add To LightboxCalculate Price