A subsidiary of Indian Railways, RITES has been appointed as the consultant for preparing the techno-economic feas¡bility report for the new major port at Dugarajapatnam in Andhra Pradesh with a three month time limit for submission of the report, said the Union Minister of Shipping GK Vasan.
The estimated fund requirement for the development of the greenfield Port of Dugarajapatnam is approximately Rs 6,000 crore with estimated capacity of 25 million tonne per annum (MTPA). However, realistic estimates of the expenditure will be known only after the receipt of the techno-economic feasibility report, the Minister said.
An Empowered Committee of Secretaries (ECS) has been constituted to take appropriate decisions in regard to the project structuring as well as other implementation related issues. The Committee is headed by Secretary of Shipping. A Project Implementation Unit (PIU) has also been set up.
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