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Shipping min plans Rs 170 bn port expansion projects
The Union Shipping Ministry plans to award port expansion projects on public private partnership (PPP) for the current financial year. The ministry will now award 24 port sector projects worth Rs 17,000 crore, against 12, requiring an investment of Rs 4,000 crore planned for the fiscal earlier.
The ministry plans to award 24 port expansion and capacity creation projects in the current financial year. These will require an investment to the tune of around Rs 16,963.72 crore, leading to capacity creation of almost 232.43 mn tonne.
Contact: The Union Shipping Ministry. Website: www.india.gov.in