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SAGARMALA PROJECT FUNDING
Sagarmala Finance plans India's first blue bond issueSagarmala Finance Corporation is set to launch India's first blue bonds this fiscal year. The state-owned lender aims to raise up to ₹1,000...- Sagarmala program: 50 projects worth Rs 3,581 cr under implementationFifty projects valued at Rs 3,581 crore are currently underway as part of the government's Sagarmala initiative. The Ministry of Ports, Shi...
- Need to ramp up lending for maritime sector: Parliamentary committeeA parliamentary committee has urged the government to quickly start lending through the Sagarmala Finance Corporation. This aims to boost I...
- Sagarmala Finance to raise ₹8,000 crore to boost maritime infrastructureSagarmala Finance Corporation Limited plans to raise Rs 8,000 crore this financial year. Funds will be sourced from banks, financial instit...
- Laksha for Dweep: ₹3.6kcr plan to turn islands in tourist hubIndia has proposed a ₹3,600-crore infrastructure upgrade plan for the Lakshadweep islands, aiming to transform them into a tourist hub. The...
- Investment in 17 entities under shipping ministry hiked to Rs 5,778 cr for FY'20Blue economy refers to sustainable use of marine resources for economic growth, improved livelihoods and jobs while preserving the health o...
- Projects worth Rs 1.85 lakh cr awarded under Sagarmala by March 2018A total of 224 projects -- entailing an investment to the tune of Rs 1.85 lakh crore -- were launched by March 31, 2018, Ministry of Shippi...
- Rs 8 trillion projects under Sagaramala in motion but funding remains challenge: ICRAAs per the Ministry of Shipping out of the 700 projects identified for execution, about 500 different projects valued at about Rs 8,000 bil...
- Why Gujarat's Ro-Ro ferry is a revolutionary step for Indian economyBy linking South Gujarat and Saurashtra and allowing vehicles with passengers aboard, the ferry service will save travel time and fuel and ...
- Coming Up: Port projects worth rs 12 lakh croreSagarmala Development Company set up to identify projects, give equity support to SPVs.
- Traditional inland water transport in Goa set for a boostGoa has a unique service, popularly known as 'ferry boat' which transports people and vehicles from one bank of the river to another where ...
- Nod to Sagarmala Development Company with Rs 1,000 crore authorised share capitalSDC will be incorporated under the Companies Act, 2013, with an initial Authorized Share Capital of Rs 1,000 crore and a Subscribed Share C...
- Government roping in multilateral agencies for Rs 3.5 lakh crore Sagarmala projectSagarmala Development Company is also seeking the support of Asian Development Bank and other multilateral agencies for program loans.
- Nitin Gadkari to chair Sagarmala apex committee meet on MondayThe maiden meeting tomorrow of the apex body of Sagarmala, an ambitious port-led development project along India's 7,500 km coastline, will...
- Sagarmala project: Government to set up low-cost non-major ports to boost tradeTo boost coastal shipping, it has asked all the 12 major ports to accord priority berthing to such vessels and facilitate faster movement o...
- Government plans transshipment port under Sagarmala projectThe plans were discussed at a high-level meeting to review Sagarmala initiatives, chaired by Road Transport & Highways and Shipping Ministe...
- Government to develop 700 islands for tourism, BollywoodShipping minister Nitin Gadkari has said that uninhabited islands will be developed as a hub of tourist activity.
- Sagarmala to have 12 smart cities, coastal eco zones: Nitin GadkariAt least 12 smart cities and several coastal economic zones will come up under the ambitious Sagarmala project, lifting GDP growth by 2 per...
- Government to bring 101 inland waterways under national networkGovernment wants to utilise the vast waterways network of the country to build a fuel-efficient and cost-saving mode of transportation.
- Prime Minister Narendra Modi takes reins of Vajpayee’s port project NSACThe port infrastructure development and linkage initiative, termed as National Sagarmala Apex Committee, was first announced by Vajpayee in...
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