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Ministry achieves target of port projects

Ports & Shipping
March 1, 2014March 1, 2014
Ministry achieves target of port projects
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Union Shipping Ministry has met the FY14 target of awarding 30 port projects, which entail an investment of over Rs 21,000 crore, adding 217 million tonne in the annual additional capacity. Unoin Shipping Minister GK Vasan said the target has been achieved with almost a full month to go on the back of changes in policies. He said during the past four years, it has awarded 88 new projects requiring an investment of Rs 42,953 crore.

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