Highly speculative. A gamble that relies on faith in directors doing what they boast they can do. Building a port on India's west coast on an inlet where they plan to construct a manmade island structure just offshore with short bridge links to it.

Dated today:

http://shipping.seenews.com/news/skil-ports-gets-environmental-nod-for-port-project-in-india-328909

It only can be good as things get together.........

Delhi Mumbai Industrial Corridor

Delhi-Mumbai Industrial Corridor is a mega infra-structure project of USD 90 billion with the financial & technical aids from Japan, covering an overall length of 1483 KMs between the political capital and the business capital of India, i.e. Delhi and Mumbai.

A MOU was signed in December 2006 between Vice Minister, Ministry of Economy, Trade and Industry (METI) of Government of Japan and Secretary, Department of Industrial Policy & Promotion (DIPP). A Final Project Concept was presented to both the Prime Ministers during Premier Abe’s visit to India in August 2007.

Finally Government of India has announced establishing of the Multi-modal High Axle Load Dedicated Freight Corridor (DFC) between Delhi and Mumbai, covering an overall length of 1483 km and passing through the six States - U.P, NCR of Delhi, Haryana, Rajasthan, Gujarat and Maharashtra, with end terminals at Dadri in the National Capital Region of Delhi and Jawaharlal Nehru Port near Mumbai. Distribution of length of the corridor indicates that Rajasthan (39%) and Gujarat (38%) together constitute 77% of the total length of the alignment of freight corridor, followed by Haryana and Maharashtra 10% each and Uttar Pradesh and National Capital Region of Delhi 1.5 % of total length each. This Dedicated Freight Corridor envisages a high-speed connectivity for High Axle Load Wagons (25 Tonne) of Double Stacked Container Trains supported by high power locomotives. The Delhi - Mumbai leg of the Golden Quadrilateral National Highway also runs almost parallel to the Freight Corridor. This corridor will be equipped with an array of infrastructure facilities such as power facilities, rail connectivity to ports en route etc. Approximately 180 million people, 14 percent of the population, will be affected by the corridor’s development.

This project incorporates Nine Mega Industrial zones of about 200-250 sq. km., high speed freight line, three ports, and six air ports; a six-lane intersection-free expressway connecting the country’s political and financial capitals and a 4000 MW power plant. Several industrial estates and clusters, industrial hubs, with top-of-the-line infrastructure would be developed along this corridor to attract more foreign investment. Funds for the projects would come from the Indian government, Japanese loans, and investment by Japanese firms and through Japan depository receipts issued by the Indian companies.

This high-speed connectivity between Delhi and Mumbai offers immense opportunities for development of an Industrial corridor along the alignment of the connecting infrastructure. A band of 150 km (Influence region) has been chosen on both sides of the Freight corridor to be developed as the Delhi-Mumbai Industrial Corridor. The vision for DMIC is to create strong economic base in this band with globally competitive environment and state-of-the-art infrastructure to activate local commerce, enhance foreign investments, real-estate investments and attain sustainable development. In addition to the influence region, DMIC would also include development of requisite feeder rail/road connectivity to hinterland/markets and select ports along the western coast .................

delhi mumbai industrial corridor /

Been buying with a view to hold for the coming years,,,,,,,can see huge potential here IMO

119.50p +2p

is back to life after the small retracement lately



I put chart from somewhere else as too often M am ones can not be trusted

Looking strong this morning. News imminent? Or is this mostly related to change in India interest rate? Share price up 23% this past couple of weeks. As ever, prepared to bank short term gains in case they fade.

And up again this afternoon..

I'm in. This should provide good returns in the long run. The early bird....

Price drifted down even further in January -

--

India's election result will presumably to be percieved as beneficial to stocks such as this one involved in significant infrastructure projects.

An interesting press article from David Bellamy of broker Brewin Dolphin - featuring Skil Ports as a stock that he holds shares in, and which he has put clients' money into.

Annual results are expected tomorrow.

Sorry, wrong stock thread!

Activity at last! Dignitaries today attended a ceremony inaugurating the Karanja port project. Sometime tomorrow the website is apparently being updated with a video and new images.

Click website NEWS page today and tomorrow.

PS: The video presumably will show the ceremony - and might not show anything on the site.

Video (now on website) does indeed show only the speech, not the site. Sounds like we might finally see a site video around end of January perhaps.

Here we go!!!!!

Up another 6+% today

And up yet another 6% today!!!!!!!!!!!!!

At last, Skil Ports (SPL) have posted something on their website giving a clue as to what they are working towards at Karanja. No realtime progress images, but a nice amimated video see video

And a poster on another bulletin board has this morning posted images of what appears to be the beginnings of construction of an earth bank forming possibly the east approach road (The port plan is basically a steel framed platform standing offshore, linked to land via two gated access roadways - and this looks like one of those roadways - though rather crude, so might be purely for constructor access and replaced or reinforced later?)

dropbox images, Karanja port site

On a longterm chart this looks just like one of the many previous upkicks within what - each time - turned out to be an ongoing downtrend. Is it different this time?? Has it finally bottomed?

Photographs that we've now seen (if genuine) suggest that things are at last happening on site.