According to a study by the Associated Chambers of Commerce and Industry of India (Assocham) Andhra Pradesh (AP) ranks first in value terms in port projects that are in under construction in public-private partnership mode as of April 30, followed by Maharashtra. The study titled ‘Port Developments in India’ says Kerala stands first in value terms in port projects under bidding stage, followed by Maharashtra again.
AP has the highest share of over 46.2 per cent in port projects under construction worth Rs 20,090 crore, Kerala, with two projects worth over Rs 5,500 crore, has the maximum share of about 40 per cent in the projects under bidding. In Maharashtra, five completed port projects worth over Rs 3,700 crore have been put to service delivery under the PPP model, while three projects worth over Rs 6,700 crore are under construction and three valued at Rs 5,100 crore are under bidding.
Gujarat, however, accounts for lion’s share of over 50 per cent in the total number of completed projects in the ports sector that have been put to service delivery under the PPP model, the study said.
Assocham National Secretary General DS Rawat said that of the total 31 PPP port projects worth over Rs 24,700 crore under operation in India as of April 30, Gujarat accounts for 12 completed PPP projects worth over Rs 12,400 crore, thereby commanding the highest share of over 50 per cent in value terms.
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