Ajeya Kallam, Chairman of Vizag Port informed that the port expects to complete Rs 2,000 crore worth of capacity augmenting projects through public-private partnership mode by 2015-16.
Through these projects, the port authority plans to raise its cargo handling capacity to 140 million tonne from the present 66 million tonne. Of the nine projects, the port has already taken up six under the PPP mode with an investment of Rs 1,500 crore, he said.
He said various companies submitted their bids and by March, the port would finalise the companies.
Apart from the PPP projects, the port is investing Rs 300 crore in dredging works and also investing in improving the road and rail network for fast evacuation of cargo, Kallam said.
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 » Vizag to implement ` 20 billion worth projects through PPP route
Vizag to implement ` 20 billion worth projects through PPP route
Roads & Highways
January 1, 2013January 1, 2013

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