Home » Govt takes up port modernisation at Rs 12,000 cr

Govt takes up port modernisation at Rs 12,000 cr

Govt takes up port modernisation at Rs 12,000 cr
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The Union government has taken up modernisation and expansion of 43 port projects at a cost of Rs 12,000 crore to add about 220 million tonne capacity to the ports. This was stated by the Union Minister of State for Shipping Milind Deora in THE Rajya Sabha on August 29. The capacity of all major ports was 744.91 million tonne per annum (MTPA) as on March 31, 2013.

Due to s ban on iron-ore mining and global slowdown, India’s last year traffic at its major ports declined, the Minister said. He said this year onwards all major ports are required to prepare an RFD document (results framework document) giving a summary of key results they want to achieve during the financial year on various performance indicators. The document provides objectives and the basis to evaluate port performance at the end of the year.

The targets set for cargo handling by 13 major ports, including Kandla, JNPT and Haldia Dock Complex, for the current fiscal is 609 million tonne, the Minister said.

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