The Ministry of Shipping (MoS) has drawn up another ambitious aim to award over 35 ventures worth over Rs 13,700 crore and plans to add about 259 million tonne (mt) capacity this year.
However, this time, the shipping ministry will shift its focus from capacity augmentation projects like in the past to port infrastructure and connectivity projects, the lack of which has often been highlighted by private developers.
About 23 projects worth Rs 5,202 crore will be taken up on a priority basis while the rest have been marked as standby projects.
This year, the shipping ministry is planning to award a total of 17 public private partnership (PPP) projects worth Rs 10,277 crore, which includes the Rs 1,758-crore Diamond Harbour container terminal at Kolkata Port, Rs 681-crore deep draught iron ore berth at Paradip Port and the Rs 2,496-crore additional liquid terminal at Jawaharlal Nehru Port Trust (JNPT).
Leave a Reply
You must be logged in to post a comment.