
GoM to consider proposal to enhance infrastructure, extend time for completion of Ramayapatnam Port works
The GoM comprises the Ministers of Finance, Infrastructure & Investment, and Tourism, while the Secretary (Infrastructure & Investment) will be its convener.
The government had in February 2020 constituted a Special Purpose Vehicle (SPV) — the Ramayapatnam Port Development Corporation Limited (RPDCL) — for taking up port development and port-led development.
Simultaneously, administrative sanction had been given for phase-I works with a cost of ₹3,736.14 crore, and the same was later revised to ₹4,929 crore as recommended by the technical committee.
The construction of the port was being done under the overall supervision of the A.P. Maritime Board (APMB). The scheduled date of completion of the project was June 23, 2025.
Meanwhile, the Chief Executive Officer of the APMB sought the government's guidance on the proposal for enhancement of the existing infrastructure to ensure the port's commercial viability and its ability to handle the projected cargo volume of 34.04 MMTPA — primarily coal and iron ore — stating that it was essential to increase the port's draft from 16m to 18.5m.
This would enable the port to accommodate Cape size and Super Cape size vessels, aligning its capabilities with regional and global shipping trends such as additional dredging at approach channel and berth pockets, additional railway lines up to the proposed backup yard behind three multi-purpose berths, development of backup yard infrastructure for storage of cargo, movement of trucks, and operation of material handling equipment, and additional external road connectivity and internal road connectivity within the port.
The APMB also requested Extension of Time (EoT) up to April 27, 2026, to the contractor for completion of the works due to analysis of work stoppages, delays in land handover, etc.
To consider the proposal, the GoM was constituted and asked to submit its report / recommendations at an early date.

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Time of India
4 hours ago
- Time of India
AP govt to revamp Bar Policy; new guidelines effective from Sept 1
Vijayawada: The state government is seriously contemplating a complete revamp of the existing bar policy. The new policy will come into force from Sept 1. The government has initiated negotiations with stakeholders and departments to fine-tune the revised policy. Sources indicated that the government is considering further relaxation of existing rules to facilitate the establishment of more bars across the state. The policy is also expected to promote the setting up of bars in tourism areas under liberalised conditions. Additionally, the feasibility of allowing relocation of existing bars from one area to another is being studied. With the current Bar Policy set to expire on Aug 31, the group of ministers (GoM) on excise policy convened a crucial meeting to deliberate on the framework of the upcoming Bar Policy. The meeting was conducted in hybrid mode. While excise minister Kollu Ravindra and energy minister Gottipati Ravikumar attended the meeting at the secretariat, civil supplies minister Nadendla Manohar, MSME minister Kondapalli Srinivas, and health Minister Satya Kumar Yadav participated virtually. Principal secretary (excise) Mukesh Kumar Meena briefed the GoM on representations received from key associations, including the AP State Wine Dealers Association, AP Star Hotels Association, and the AP Hotels Association. He outlined historical sales trends, previous bar disposal methods, and the financial implications of various proposed policy models, focusing on revenue impact and operational feasibility. Director of Prohibition and Excise Nishant Kumar delivered a detailed presentation on the current Bar Policy (2022–25). He discussed the license disposal system, annual license fees, and bar-to-population ratios. Currently, about 840 standalone bars and 50 establishments in star hotels and microbreweries are operating under the policy. It was noted that 44 bar licenses were not renewed during the current policy period. He also presented a comparative analysis of bar policies in Telangana, Karnataka, Tamil Nadu, Maharashtra, Uttar Pradesh, Rajasthan, and Kerala. Civil Supplies Minister Nadendla Manohar sought updates on the implementation of the current shop policy and its possible implications for bar operations. Health Minister Satya Kumar Yadav recommended that the tourism department be consulted to strengthen tourism linkages in the new policy. MSME Minister Kondapalli Srinivas emphasized the need to encourage new entrepreneurs to enter the food and beverages sector. Energy minister Gottipati Ravikumar highlighted the growing need to consider bar relocations in light of expanding industrial corridors across the state. "The excise department will incorporate suggestions from the ministers to further refine the draft policy. A revised proposal will be prepared before the final Bar Policy is approved and notified," said a senior official. The meeting was also attended by Enforcement director Rahul Dev Sharma, additional commissioner M Deva Kumar, joint commissioners and other senior officials from the excise department. Get the latest lifestyle updates on Times of India, along with Friendship Day wishes , messages and quotes !

The Hindu
6 hours ago
- The Hindu
India will continue to buy Russian oil, government sources tell NYT
India will keep purchasing oil from Russia despite U.S. President Donald Trump's threats of penalties, two Government sources told The New York Times, not wishing to be identified due to the sensitivity of the matter. "These are long-term oil contracts," one of the sources said. "It is not so simple to just stop buying overnight." Mr. Trump last month indicated in a Truth Social post that India would face additional penalties for purchases of Russian arms and oil. On Friday (August 1, 2025), Mr. Trump told reporters that he had heard that India would no longer be buying oil from Russia. Soured relations: The Hindu editorial on Trump's 25% tariff, 'penalty' The New York Times on Saturday (August 2, 2025) quoted two unnamed senior Indian officials as saying there had been no change in Indian government policy, with one official saying the government had "not given any direction to oil companies" to cut back imports from Russia. Reuters reported this week that Indian state refiners stopped buying Russian oil in the past week, following a narrowing of discounts in July. "On our energy sourcing requirements ... we look at what is there available in the markets, what is there on offer, and also what is the prevailing global situation or circumstances," Foreign Ministry spokesperson Randhir Jaiswal told reporters during a regular briefing on Friday. Mr. Jaiswal added that India has a "steady and time-tested partnership" with Russia, and that New Delhi's relations with various countries stand on their own merit and should not be seen from the prism of a third country. The White House in Washington did not immediately respond to requests for comment. Indian refiners are pulling back from Russian crude as discounts shrink to their lowest since 2022, when Western sanctions were first imposed on Moscow, due to lower Russian exports and steady demand, sources said earlier this week. The country's state refiners — Indian Oil Corp, Hindustan Petroleum Corp, Bharat Petroleum Corp and Mangalore Refinery Petrochemical Ltd — have not sought Russian crude in the past week or so, four sources familiar with the refiners' purchase plans told Reuters. India's top oil supplier On July 14, Mr. Trump threatened 100% tariffs on countries that buy Russian oil unless Moscow reaches a major peace deal with Ukraine. Russia is the top supplier to India, responsible for about 35% of India's overall supplies. Russia continued to be the top oil supplier to India during the first six months of 2025, accounting for about 35% of India's overall supplies, followed by Iraq, Saudi Arabia and the United Arab Emirates. India, the world's third-largest oil importer and consumer, received about 1.75 million barrels per day of Russian oil in January-June this year, up 1% from a year ago, according to data provided to Reuters by sources. Nayara Energy, a major buyer of Russian oil, was recently sanctioned by the European Union as the refinery is majority-owned by Russian entities, including oil major Rosneft . Last month, Reuters reported that Nayara's chief executive had resigned after the imposition of EU sanctions and company veteran Sergey Denisov had been appointed as CEO. Three vessels laden with oil products from Nayara Energy have yet to discharge their cargoes, hindered by the new EU sanctions on the Russia-backed refiner, Reuters reported late last month.


Indian Express
9 hours ago
- Indian Express
Pune Metropolitan Region Growth Hub Launch: ‘New airport, ring road can boost Pune's economy by Rs 3 lakh crore', says Fadnavis
'It is no longer the case that any one city dominates a sector, and many cities in Maharashtra are developing rapidly. However, Pune is a very progressive and innovative city and has the potential to create its strength by entering new sectors,' Chief Minister Devendra Fadnavis said while inaugurating the Pune Metropolitan Region Growth Hub at YASHADA on Friday. The initiative aims to double the city's economy of $58 billion over the next five years and was a joint initiative between NITI Aayog, the state Government, and Pune International Centre, representing a coordinated effort to accelerate regional development through strategic planning and policy reforms. Fadnavis outlined an ambitious vision where Pune competes not just with other Indian cities but on the global stage, contributing to India's goal of becoming a five-trillion-dollar economy. He emphasised that the new airport and ring road in Pune are expected to generate an economic impact of Rs 3 lakh crore. 'Today, 65 per cent of GDP comes from urban surroundings. This growth can be accelerated through proper planning,' Fadnavis explained, highlighting the importance of creating an integrated ecosystem for industrial development. Fadnavis explained that with the help of the central government, the state government's 'Educity' project in Navi Mumbai has already attracted five world-renowned universities, with plans to welcome 10 universities that will educate at least 50,000 students over the next five years. This initiative alone is expected to generate Rs 2,000 crore in GST revenue. 'These universities will bring a new revolution based on AI. Global industries will come here to take advantage of this opportunity,' Fadnavis said, emphasising Pune as a hub for artificial intelligence and advanced technologies. Deputy Chief Minister Eknath Shinde said that Pune's success lies in its diverse strengths across technology, industry, manufacturing, education, and healthcare. Known as the 'Oxford of the East,' Pune's excellent educational institutions create a steady source of skilled professionals. 'The city's current advantages include a thriving automotive industry, a robust information technology sector, engineering research capabilities, and strong small and medium enterprises. The growth hub will build upon these foundations while identifying new expansion opportunities, Shinde added. The 'Developing City Regions as Growth Hub' initiative was launched by the NITI Aayog in 2023. It focuses on developing urban centres through economic growth, lifestyle improvement, and sustainable practices. Initially implemented as a pilot in Mumbai Metropolitan Region (MMR), Surat, Varanasi, and Visakhapatnam, the program has now expanded to include Pune. 'The state is planning to establish more such growth hubs in Nagpur, Chhatrapati Sambhajinagar, and Nashik,' said Rajagopal Deora, Additional Chief Secretary of the Planning Department. The Mumbai Metropolitan Region, which started earlier, targets doubling its economy from $140 billion to $300 billion within five years, providing a successful model for Pune to follow. 'Pune needs to achieve a 10 per cent economic growth rate to realise its potential as a global city. The ultimate target is to reach a $600 billion economy, positioning Pune among the world's leading cities,' said NITI Aayog CEO B.V.R. Subrahmanyam. 'The growth hub will focus on removing bureaucratic obstacles, implementing policy reforms, and creating necessary infrastructure. A comprehensive plan will be prepared over the next 4-5 months, involving local institutions, industries, and organisations in the planning process,' added Subrahmanyam.