Business Daily from THE HINDU group of publications Monday, Nov 13, 2006 ePaper |
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Industry & Economy
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Infrastructure States - Kerala Kochi projects reviewed Our Bureau
Thiruvananthapuram , Nov. 12 The Principal Secretary to the Prime Minister, Mr T.K.A. Nair, reviewed the progress of the LNG project and the International Container Transhipment Terminal (ICTT) project being implemented at the port-based Special Economic Zone at Vallarpadam and Puthuvypeen island in Kochi. The review was conducted as part of a high-level meeting hosted here by the Kerala State Industrial Development Corporation (KSIDC) here on Saturday. Mr P. Dasgupta, Managing Director and CEO of Petronet LNG Limited, apprised Mr Nair of the progress made so far with respect to the prestigious project under way in Kochi. Stating that major contracts for construction of the terminal and purchase and sale of LNG would be frozen before December 31, he said the contracts would be executed by March 31. The source of supply of LNG and all commercial terms have already been finalised.
CONTAINER PROJECT
Discussions on the ICTT project saw representatives of the Cochin Port Trust, Rail Vikas Nigam Limited (RVNL) and the Ministry of Railways and the National Highway Authorities attending. The participants indicated that the work relating to rail and road connectivity was progressing as per schedule. Among those present at the session were Mr N. Ramachandran, Chairman, Cochin Port Trust; Mr P. H. Kurian, Secretary, Industries, and MD, KSIDC; Dr G.C. Gopala Pillai, CMD, FACT; Mr D. C. Mitra, MD, RVNL; and Mr A. V. Sinha, Member, National Highway Authority of India.
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