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Major ports in India get tariff regulator
PORTS & SHIPPING

Major ports in India get tariff regulator

The Tariff Authority for Major Ports (TAMP) will no longer be in charge of setting tariffs at the 12 major ports under Central Government control after 24 years. The Major Ports Authority Bill 2020 established the Board of Port Authority, which will now set tariffs that will be ...

The Tariff Authority for Major Ports (TAMP) will no longer be in charge of setting tariffs at the 12 major ports under Central Government control after 24 years. The Major Ports Authority Bill 2020 established the Board of Port Authority, which will now set tariffs that will be used as a guide during the bidding process for public-private-partnership (PPP) projects. According to the Ministry of Shipping's annual report for 2020-21, PPP operators are free to set tariffs based on market conditions. TAMP's Reference Tariff Guidelines were extended until March 8, 2021, or until further orders, whichever comes first.

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Infrastructure Energy

Reliance Power Signs Term Sheet For 500 MW Solar Project in Bhutan

Mumbai-based Reliance Power Limited has signed a commercial term sheet for a long-term Power Purchase Agreement (PPA) with Green Digital Private Limited (GDL), owned by Druk Holding and Investments Limited (DHI), the investment arm of the Royal Government of Bhutan. The agreement marks a significant milestone in regional clean energy collaboration across South Asia.Reliance Power and DHI will jointly develop Bhutan’s largest solar power project through a 50:50 joint venture, with an installed capacity of 500 megawatts (MW). The project involves a capital outlay of up to Rs 20,000 million und..

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Real Estate

Praveg Launches Eco-Luxury Resort Kachigam in Daman

Praveg Limited has launched Praveg Resort Kachigam, an eco-luxury island retreat across four islands in Kachigam, Daman. The resort spans 89,500 square metres and features 50 sustainable luxury cottages surrounded by a serene lake and lush greenery.Designed for leisure travellers, destination weddings, and corporate events, the resort offers numerous amenities including a children’s play area, gym, swimming pool, restaurant with lakeside views, spa and wellness centre, and vibrant party zones such as Club Martini’z and a dance floor.A key highlight is its wedding and event infrastructure f..

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Infrastructure Transport

Shyam Metalics to Start Wagon Manufacturing at Kharagpur Plant

Shyam Metalics and Energy Limited, a leading Indian metal company, announced its entry into wagon manufacturing with a new greenfield facility at Kharagpur, West Bengal. The facility, developed by its subsidiary Ramsarup Industries Limited, is scheduled to commence operations by March 2026.The plant will be built in two phases, initially producing 2,400 wagons per year and eventually doubling to 4,800. It will manufacture various types of rolling stock, including flat, open, box, hopper covered, tank, and specialised wagons.Designed with sustainability in mind, the facility will feature roofto..

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