Hello all,
Thought I’d share a few nuggets I’d uncovered on KTIL. I just spoke to the company secretary who told me that KMML was basically waiting on two key approvals from the government:
1. ICD – Inland container depot for road logistics
2. PFT – Private Freight Corridor (Railway)
He told me that the work on Phase 1 of KMM was nearing completion and was not yet fully complete. He told me that there has not yet been any intimation from the government regarding the approvals. So that got me thinking and after some googling, I got this link : http://commerce.nic.in/trade/national_tpa.asp
This basically gives links of minutes of the meeting of various ministries for all CFS/ICD proposals (or so I believe). Clicking on one of these links, I got to this page: http://commerce.nic.in/trade/ICD_list.pdf
This page is titled “List of ICDs/CFSs approved by IMC (inter-ministerial committee) which are under implementation or functional” gives the status of all ICD/CFS projects. In this page I found two links lines pertaining to Kesar:
- Kesar Terminal and Infrastructure: Pipavav CFS – I.U.
- Kesar Multimodal Logistics: Powarkheda ICD – I.U.
I.U. means under implementation. From what I could surmise, the ministries have these projects on their approval list. I’m sure certain other approvals are still pending for these projects (PFT, etc) else there would have sure been some sort of notification by the company but I guess it does provide some comfort as to the veracity of the projects and their nearness to completion. I am unable to comment any more on this but thought I’d share and invite some discussion nonetheless.
Disc: Invested
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