95.11 mt of capacity-addition projects awarded in FY 15
The government aims to develop multi-purpose berths to handle cargo at various Major Ports in the country, Mr Pon Radhakrishnan, Minister of State for Shipping, told Parliament recently. These projects will enhance the capacity of the Ports to handle a variety of cargoes, and meet the requirements of the trade. This will also help reduce the pre-berthing detention time and turnaround time of vessels, the Minister added.
The details of the multi-purpose berths being developed at Major Ports are shown in the accompanying table.
10 port projects awarded in FY 15
Mr Radhakrishnan also informed Parliament that the government awarded 10 port projects worth Rs 9,376.43 crore under public-private partnership (PPP) mode in 2014-15. These will add 95.11 million tonnes per annum (mtpa) to the cargo-handling capacity of Major Ports, he said.
In 2013-14, port projects worth Rs 13,208.83 crore were awarded under PPP mode for a capacity expansion of 137.65 mtpa, he disclosed.
“The broad contours of the port projects are formulated by the Major Port authorities, within which the selected PPP operator implements and operates the project,” he said in his statement.
This post was written by Atlantic Admin