Untitled Document
Modernisation
of mega ports to be completed within 36 months; Minister
By
TIOL News Service
NEW
DELHI, JULY 20, 2009: THE modernization
and expansion of the major ports is primarily done through the internal and
extra budgetary resources and, inter-alia, include construction of berths/jetties,
mechanization of existing berths through procurement, replacement and upgradation
of port equipment. Many of the projects are also funded through Public Private
Partnership route. However, Government Budgetary Support is given to a few
major ports for undertaking dredging, rail connectivity projects etc.
In Paradip Port, the following three projects for expansion are proposed to
be taken up at an estimated cost of Rs.1457 crores through the PPP model.
(i) Development of Deep Draught Iron Ore Berth.
(ii) Development of Deep Draught Coal Berth.
(iii) Construction of Multipurpose Cargo Berth for handling clean cargo including
containers.
These projects are to be completed within 30-36 months from the date of award
of concession. At present, the Concession Agreement for Deep Draught iron ore
berth has been signed.
This
information was given by Minister of Shipping, MrmG. K. Vasan in written
reply to a question in Lok Sabha today.
|
TIOL SEARCH