Last Updated :
16 March 2010 at 19:00 IST
India to develop port infrastructure via PPP model
NEW DELHI (Commodity Online): India’s port infrastructure to get a major push in the coming year with as many as 17 public private partnership (PPP) projects are scheduled to be awarded in 2009-10 in order to increase the capacity of major ports in the country.
As informed by the union shipping minister, GK Vasan, most of these projects will be developed under the National Maritime Development Programme (NMDP).
Among the seventeen projects that are to be awarded includes, cargo berth development at Paradip Port Trust, Tuticorin Port Trust, Mumbai Port, Kandla Port. Development of container terminal will be undertaken at New Mangalore Port, Chennai Port, Jawaharlal Nehru Port and installation of mechanized handling facilities for fertilizers at Vishakhapatnam Port as well as setting up of single point mooring (SPM) and allied facilities at Kandla Port.
Chennai Port has proposed to develop mega container terminal under public private partnership (PPP) mode at an estimated cost of Rs.3686 crores. The capacity of berth is 48 million tonnes per annum. Tuticorin Port has also proposed to develop North Cargo Berth No.II under PPP mode at an estimated cost of Rs.332.16 crores. The capacity of berth is 7 million tonnes per annum.
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