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Article: India : Govt awards seven port projects worth Rs 1800 cr.
- Article from:
- TendersInfo
- Article date:
- October 9, 2009
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In a major thrust to expand capacity at important ports in the country, the Ministry of Shipping has awarded seven projects worth over Rs 1,800 crore, to be developed through the public-private partnership (PPP) route.
Another 19 projects, estimated to cost around Rs 18,000 crore, are expected to be awarded on similar PPP basis by early 2010.
These 26 projects together will expand capacity at the major ports in the country by 42 per cent, or 245.97 million tonnes per annum. The ministry intends to double capacity at major and non-major ports in the country to 1,590 mt by 2012 from the present 795 mt.
Rakesh Srivastav, joint secretary (ports), ...