Republic Day at NMPT, Corp Bank

Republic Day at NMPT, Corp Bank

The NMPT observed Republic Day at the Dr B R Ambedkar Stadium, Panambur, on Tuesday.

NMPT chairperson P C Parida said that the Port had registered a growth of 15 per cent in container traffic and, based on Boston Consultant Groups report, has taken steps to increase the container traffic.

The Port has planned to develop the container terminal by outsourcing container handling. It has taken up the upgrade of fire-fighting facilities to handle VLGC which will become operational by September 2016.

It is also planning to have an LNG terminal which will become operational from 2017, following which, the citizens will get clean fuel at cost effective rates. To encourage agricultural products, the Port has already commissioned two warehouses, one of which is under construction.

Under the green city project, the commissioning of a 350 KW roof-top solar power plant is under progress, to meet the power requirement of the administrative building, the hospital building, the guest house and the streetlights.

The Port has planned to commission five MW solar power plants by November 2016, to meet its power requirement. Under the CSR scheme, the NMPT has contributed Rs 98.5 lakh to provide LED streetlights on the National Highway from the KIOCL junction to Bykampady. The same from KIOCL to Thannirbavi village is under consideration, the chairperson said.

At Corp Bank

The Corporation Bank celebrated the Republic Day at its corporate office in Mangaluru. Executive Director Sunil Mehta said that the Republic Day marks the date on which the Constitution of India which bestowed us with fundamental rights came into force.

He highlighted the contribution of various government schemes towards financial inclusion in bringing the common man to mainstream banking and contributing significantly in CASA share of the banks as well.