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Gujarat has half of completed PPP projects in ports sector

Gujarat has half of completed PPP projects in ports sector
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A study conducted by the Associated Chambers of Commerce and Industry of India (ASSOCHAM) shows Gujarat has 12 completed public private partnership (PPP) projects worth over Rs 12,400 crore in the port sector as of April 30, 2013.

In terms of value, this is around 50 percent of all the PPP projects completed across the country in the port sector as of the above date. Across the country, 31 PPP port projects worth over Rs 24,700 crore are under operation in the country as of April 30, 2013.

As far as under construction PPP port projects is concerned, the state ranks sixth with four projects worth over Rs 1,650 crore.

The study also finds that 62 PPP projects in the port sector worth over Rs 82,000 crore are in the different stages of implementation across the country. Across all sectors, a total of 881 PPP projects worth over Rs 5.4 lakh crore are taken up for implementation.

Meanwhile, 21 PPP projects in the port sector with a share of 52 percent worth over Rs 43,000 crore are under construction. Eight projects worth about Rs 14,000 crore with a share of about 17 percent are under bidding. Of the remaining, one project is in the expression of interest stage and 1 has been cancelled.”

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