- News
- City News
- bengaluru News
- Firm to develop port
Trending
This story is from November 4, 2006
Firm to develop port
A Hyderabad-based infrastructure development company had shown interest in developing the Karwar port at a cost of Rs 1,000 cr.
The company, North Kanara Sea Ports Private Limited, had proposed to develop the port under BOOST (build, own, operate, share and transfer) arrangement with the state government holding 11% equity (which could alse be in the form of land) in the project, the deputy CM said.
"Going by the presentation, I feel our dependency on the Chennai port would reduce drastically if Karwar port is developed to international standards," Yediyurappa said. The company promises to make Karwar the gateway of Karnataka, the deputy chief minister added.
Company's director M V S R Kamesam said the masterplan includes developing the existing two berths, create infrastructure to handle large vessels and modernising the port.
"With two power projects coming up along the coastline and iron-ore export expected to rise significantly, we propose to add six berths to the port by 2011," he added. Yediyurappa said a decision in this regard would be taken by chief minister H D Kumaraswamy and his brother, ports minister H D Revanna.
End of Article
FOLLOW US ON SOCIAL MEDIA
Hot Picks
TOP TRENDING
Trending Stories
In City
Entire Website
- 'Wearing undergarments must but...': Delta's 'specific' memo for flight attendants
- 30 rocket launchers, 150 nests hit: Footage shows Israeli strikes on Hezbollah targets in Lebanon
- Virat Kohli's costly DRS error leaves Rohit Sharma frustrated
- EY employee death: Anna's father breaks silence after mother's letter goes viral
- Update on Jimmy Uso’s Health After Rikishi Asks for Prayers
- 7 Must-Watch Films to Inspire Students
- Alberto Del Rio Defends Former WWE CEO Vince McMahon Amid Sexual Harassment Allegations
- 9 Inspirational Quotes Every Student Should Embrace for Academic Success
- '3 lakh laddus daily, Rs 500 crore revenue annually': Tirupati's sacred sweet takes a sour turn after ghee adulteration charges
- 'What was the need to disrespect?': Priyanka Gandhi slams PM Modi over JP Nadda's reply to Kharge
- Animal fat in Tirupati laddu: Centre intervenes, temple trust blacklists supplier - Top developments
- Sri Lanka presidential elections: What's at stake for India and China
- One nation, one poll: Does Modi have the numbers to push it through?
- 'Killed Hezbollah commanders were planning massacre similar to October 7,' says IDF
- Harris basks in star power, but can it power her to White House?
- Video: Pune civic body truck falls into massive sinkhole at city post office
- How one drug might work for weight, fertility and dementia
- Ex-Google employee looking for job in Canada: 'I've been reducing ...'
- Veteran actress Kaviyoor Ponnamma dies at 79
- Female doctor at Delhi’s Hedgewar hospital assaulted by patient’s kin
Popular Categories
Hot on the Web
Top Trends
AppleGurgaon Bike AccidentTirupati Laddu RowIsraeli Strikes on HezbollahIND vs BAN LiveJacoby BrissettIIT Companies WFH PolicyOdisha Bharatpur Police Station NewsRhea RipleyIsrael Hezbollah WarKerala Lottery ResultAssembly ElectionTirupati PrasadamEY Pune EmployeeSean DiddySandip GhoshLive Cricket Score
Trending Topics
Stree 2 CollectionRuksana BanoAbdu RozikYudhra ReviewJayamSana Khan HusbandTirupati Laddoo ControversyGOAT CollectionVaazha OTT ReviewKozhipannai Chelladurai ReviewCheetahsKangana RanautAditi Rao HydariDalljiet KaurHoliday DestinationVikas SethiBest Selling Earbuds Under 1000Apple iPhone 16 ProVirat KohliWordle Answer
Living and entertainment
Latest News
SoftBank’s latest investment signals Masa’s brand-new India strategyEvery single infiltrator will be thrown from here, need to protect tribal culture: Amit Shah in JharkhandHenry Danger: Here’s where you can see all seasons - 1 to 5Former Rapper Shyne barrow speaks about Diddy's arrest, says he "Killed" his lifeWhat happens if we see God in DreamsWhen Sunita Ahuja said, "You have to be very strong to be an actor’s wife"Kaun Banega Crorepati 16: Amitabh Bachchan reminisces about shooting for Deewar and Kabhi Kabhie; says “Kabhi Kabhie josh mein hum log bohot kuch kar dete hain"Allu Aravind on Bollywood filmmakers having limited perspectives in their films: 'They are locked between Bandra and Juhu'India's familiarity with UAE conditions gives them an edge in Women’s T20 World Cup: Mithali RajIIM Tiruchirappalli, Indore under fire as RTI data reveals massive vacancy of reserved category faculty positionsThe Interplay of Sun Signs and Numerology: Unlocking Your Ultimate PotentialNFL Players Who Use Their Platform for Social GoodTop most expensive athlete divorces: From Michael Jordan to Tiger WoodsJuju Baby Music revives folk with a twist with their latest EP, Folk Outta The BoxKarunaratne, Chandimal fire as Sri Lanka take control of first New Zealand TestOnePlus 12 is available for Rs 35,314 only on Amazon; check exchange deal and bank offersHow to watch 'Fast and Furious' movies in chronological order and release datesBack support for chair: Top picks online
Copyright © 2024 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service