With an aim to scale up inland waterways infrastructure, the government is planning to offer 850 small and medium sized ports along key rivers for development by the private sector including foreign investors. This could see an investment of nearly Rs 4,000 crore.
The government proposes to offer ports along the riverside systems of the Ganga, Brahmani, Brahmaputra, West Coast Canal, Godavari, Krishna and Barak for development. Most of these ports will fall along coal-bearing routes, making them commercially exploitable. The projects will be offered on the design, built, operate and transfer model. Under the upcoming model concession agreement, the government is likely to offer a contract period of 30 years, making it a worthwhile proposal for private investment. It is eyeing huge opportunity in transportation of coal to power plants along these rivers.
FlashNews:
InfraPandit Awards to Honour Doctoral Excellence in Infrastructure
REC Wins Leading CSR and Sustainability Award for Healthcare Support
HAL Set to Enter New Global Space Race with SSLV Contract Win
Multimodal Logistics: Optimising Assets, Strengthening Supply Chains
Gadkari Announces FASTag Annual Pass to Ease Private Vehicle Movement from Independence Day
Air India 171 Crash: A Definitive Inflection Point for Indian Aviation
REC Reports Strong Profit Growth
GAIL Reports Record Profit Surge
India Calls for Inclusive Energy Governance at BRICS Meet
Mumbai-Ahmedabad Bullet Train’s 300 km Viaduct Milestone
India Revokes Security Clearance to Turkish Firm Çelebi
Major Ports Handle Record Cargo Throughput in FY2025
India Committed to Unlocking Energy Potential: Puri
Gaganyaan Scheduled for 2027 Launch
Defence Budget Set for Rs.500 Billion Top-up
Operation Sindoor: The Indigenous Edge
Securing India’s New Crown Jewels
Logistics parks, multimodal cargo hubs poised for rapid growth
India is ready to build for the world!
Home » Govt plans to offer 850 ports for development to private sector
Govt plans to offer 850 ports for development to private sector
Ports & Shipping
October 1, 2015October 1, 2015

Leave a Reply
You must be logged in to post a comment.