Media reports indicate that the government may invite bids for the proposed two port projects, one each in Andhra Pradesh and West Bengal, by July and award contracts by September.
It may be recalled that the central government earlier proposed to set up major ports in the above states on public-private-partnership (PPP) basis.
The proposed ports are intended to cater to the improved import of coal and oil besides boosting local economy and jobs. The estimated total investment on these two projects is Rs 16,000 crore, reports indicate.
Once completed, both the ports would raise cargo handling capacity of the country by 100 million metric tonne (mn mt).
At present there are 12 major ports in India New Mangalore, Marmagao, Ennore, Tuticorin, Kandla, Mumbai, Jawaharlal Nehru Port Trust (JNPT), Kolkata (with Haldia), Chennai, Cochin, Paradip and Visakhapatanam.