Updates

Cruise terminal project report ready

BOT model for cruise terminal
Staff Reporter

KOCHI: The feasibility report and business plan for the proposed international cruise terminal and public plaza on Willingdon Island has suggested setting up the world-class facilities on the tested Public-Private Partnership (PPP) model under the Build, Operate and Transfer (BOT) structure.

The study, submitted to Cochin Port Trust a fortnight ago, has set a debt-equity ratio of 68:32 for the project, establishing which will cost an estimated Rs. 375 crore.

The report has been prepared by Mir Projects and Consultants Pvt. Ltd, Kochi and TranSystems, Virginia of the USA.

The cruise terminal project is one with a long gestation period, the study said, as it suggested the PPP-BOT route for implementing it. Full story

FACT resurgent

After the debilitating delay in starting LNG terminal
and the sudden jump in sulphur prices FACT went into
deep crisis. Now it is on a comeback trail - this one
company has contributed to the state treasury
thousands of crores of rupees as taxes and dividents.

FACT charts out ambitious growth plan

Staff Reporter

KOCHI: Fertilisers and Chemicals Travancore (FACT) will tap its vast land bank and human resource base for a more robust future through an array of new joint ventures with several public sector companies, including one between Indian Oil Corporation (IOC) and FACT Design and Engineering Organisation (FEDO). Full story

മനോരമ 02-05-2008

Brownfield investments too

Spencer’s will float arms for global alliances
Madhumita Mookerji/ DNA MONEY
Friday, 02 May , 2008, 09:00

PCBL will add an aggregate capacity of 140,000 mt at its fourth location in Mundra (Gujarat) and a brownfield project at Kochi. Both these locations will also have co-generation power plants with aggregate capacity of 32 mw.

PCBL will invest Rs 250 crore in its Vietnam plant and another Rs 350 crore in the Kochi and Mundra units (The Kochi plant will have an investment of Rs 140 crore). Full story