Govt in favour of developing six port projects worth Rs3,319-crore
Tuesday 7 July 2009 - All stories compiled and edited by Bhaswati Das
The shipping ministry will award a contract for six port projects costing Rs3,319-crore on a public private partnership (PPP) basis. It will seek the Cabinet Committee on Economic Affairs (CCEA) approval for setting up mechanised iron ore handling facility at New Mangalore Port (NMPT) in Karnataka in the next few weeks.
“The six projects are expected to add capacity of 31.23 million tonnes and 1.97 million TEUs (twenty foot equivalent units),” said shipping minister GK Vasan.
The proposed projects include development of a deep draught iron ore berth and a coal berth with a capacity of 10 million tonnes each at a cost of Rs591.35-crore and Rs479.01-crore respectively at Paradip port. A container terminal with a capacity of 1.5 million TEUs at Ennore port is also planned at an estimated cost of Rs1,407-crore.
The government was looking into the possibility of disinvesting Shipping Corporation of India (SCI).
Meanwhile, the ministry has proposed to declare Andaman and Nicobar Islands and Lakshadweep as major ports. It would soon approach the Cabinet seeking its approval for the same.
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