Foundation stone laid for Bhavanapadu port in Andhra Pradesh

Metro Rail Realignment

The Second Metro Rail Conference was organised by FIRST Construction Council (FCC) in collaboration with CONSTRUCTION WORLD and Infrastructure Today magazines.

In an unprecedented surge underscoring the vital role of metro systems in enhancing the quality of life and spurring economic growth in cities nationwide, India’s metro rail growth has expanded from 229 km across five cities in 2014 to a staggering 860 km across 20 cities by April 2023.

Emphasising upon profitability of metro-rail systems at the conference, held at the <..

Adani Krishnapatnam Port Assures Continuity Amid TDP Protests

In the wake of protests led by the Telugu Desam Party (TDP), spearheaded by former minister Somireddy Chandramohan Reddy, against the proposed suspension of container operations at the Krishnapatnam port, Adani Krishnapatnam Port Limited (AKPL) has issued a statement assuring that container operations at the port will continue without disruption.

AKPL emphasized Krishnapatnam's significance as a crucial port in its operations, stating, "Krishnapatnam is an important port for us, and we are continuously focusing on building and strengthening its operations. The infrastructure like bert..

Andhra Pradesh Govt Clarifies Land Titling Act Status

In response to mounting concerns, the Andhra Pradesh government clarified that the Land Titling Act is yet to be enforced. The recent disclosure adds a layer of complexity to ongoing discussions surrounding land titles in the region, prompting a closer examination of the regulatory landscape. ..

Indian container cargo set to expand by 8% in FY25 amidst Red Sea crisis

CareEdge Ratings forecasts that Indian container cargo volume will experience an 8% growth, reaching 342 million tonnes (mt) in FY25. They also anticipate the risk of a prolonged Red Sea crisis. In a sectoral report, the agency mentions that the connection of the Dedicated Freight Corridor to Jawaharlal Nehru Port Trust (JNPT) in FY26, coupled with capacity expansions by ports, will likely propel the growth in container volumes in the medium term. According to the report, significant adverse movements in charter rates affecting cargo volumes, as well as vessel additions by shipping lines, will..

Nalanda Capital Sells Stake in Great Eastern Shipping

Nalanda Capital has divested a 1.4% stake in Great Eastern Shipping, a prominent player in the ports and shipping industry, for a total sum of Rs. 1.90 billion. This move comes amidst evolving market dynamics and reflects Nalanda Capital's strategic realignment of its investment portfolio.

The sale of shares in Great Eastern Shipping represents a calculated decision by Nalanda Capital to optimise its investment holdings and capitalise on market opportunities. The transaction, valued at Rs. 1.90 billion, underscores the investor's confidence in realising returns while maintaining flexibi..