Union Shipping Minister Nitin Gadkari said today that the Centre plans to build a port at Vadarevu in Andhra Pradesh's Praksam district, even as the state government insists that the port be developed in Nellore district.
The major ports in the country witnessed 3.91 per cent rise in cargo traffic to 174.02 million tonnes in the April-June quarter this fiscal.
The govt decided to set up two more underground crude oil storages in Odisha and Karnataka to increase emergency stockpile cover by 12 days to 22 days.
Scheduled commuter airline Air Odisha commenced services to Chhattisgarh from Andhra Pradesh with the launch of a flight to Jagdalpur from Visakhapatnam through Raipur.
The top 12 major ports in the country recorded 2.41 per cent growth in cargo handling at 116.26 million tonne (MT) in the first two months of the current fiscal, the shipping ministry said.
RINL suffered Rs 1,236 crore loss in 2016-17 on turnover of Rs 12,706 crore, the official said.
Buoyed by a demand revival, India's 12 major ports witnessed a 4.58 pc rise in cargo traffic at 561 MT during April-January of this fiscal, according to ports' body IPA.
Vice President M. Venkaiah Naidu laid the foundation stones for six national highway projects and an inland waterway in Andhra Pradesh.
Infrastructure major Larsen and Toubro's (L&T) construction arm has bagged orders worth Rs 2,694 crore across various business segments.