In an effort to ensure that port regulations keep pace with time, the government proposes to bring in a new Bill to replace the obsolete laws relating to ports, the Minister of Shipping, Road Transport and Highways, Mr Nitin Gadkari, said.
Mr Gadkari said there was a proposal to amend rules to allow modernisation of ports, including by utilising dollar loans.
Speaking during the question hour in the Lok Sabha, the Minister said, “There is a need to do away with outdated laws. This would help improve efficiency of ports and adapt new technologies. In three months, I will bring the Bill to replace these laws. We will bring it in the next Parliament session.”
Mr Gadkari informed the House that the government had started the process for obtaining environmental clearances for two new ports in West Bengal and Andhra Pradesh, envisaging a total cost of nearly Rs 30,000 crore.
He further said that the estimated cost of setting up a new port at Sagar in West Bengal with capacity of 127.80 million tonnes (mt) would be Rs 11,921 crore, while that for Dugarajapatnam Port in Andhra Pradesh with 150.40 mt capacity would be Rs 17,615 crore.
“In the first phase of development, capacity of Sagar Port and Dugarajapatnam Port has been estimated at 54 mt and 34.76 mt, at a cost of Rs 7,820 crore and Rs 6,091 crore, respectively,” Mr Gadkari said.
While Sagar Port would handle bulk commodities, break-bulk and containers, Dugarajapatnam Port would handle coal, iron ore, general cargo and containers, he said, and added that both would to be developed through public-private partnership (PPP) mode.
This post was written by Atlantic Admin