The Cabinet Committee on Economic Affairs (CCEA) has approved five port related projects involving at least Rs 17,600 crore investment to increase the capacity of the major ports by 150.74 million tonnes per annum. Earlier, the Public Private Partnership Appraisal Committee had assessed five proposals in the port sector and recommended for approval by CCEA. These five projects are at an advance stage of tendering and are likely to be awarded by March end.
Of the five projects, four are container terminals and one is a multipurpose cargo berth project in Mumbai port. The four container terminals proposed are development of mega container terminal at Tuna Tekra at Kandla Port on build, operate and transfer basis, Jawaharlal Nehru Port Trust in Navi Mumbai on design, build, finance, operate and transfer basis, development of container terminal at Diamond Harbour at Kolkata Port Trust and development of container terminal at Ennore Port. These expansions will double the container handling capacity which is at 11.57 million TEUs. The capacity of the multipurpose cargo berth proposed for Mumbai port will be 4.5 MTPA to handle automobiles, iron and steel cargo, among others.
The shipping ministry had a target to award 30 projects in the current financial year to add a capacity of about 282 MTPA. So far this year the Ministry of Shipping has approved 16 projects (excluding the five), against a target of 30, with an investment of Rs 4,200 crore.
Of the five projects, four are container terminals and one is a multipurpose cargo berth project in Mumbai port. The four container terminals proposed are development of mega container terminal at Tuna Tekra at Kandla Port on build, operate and transfer basis, Jawaharlal Nehru Port Trust in Navi Mumbai on design, build, finance, operate and transfer basis, development of container terminal at Diamond Harbour at Kolkata Port Trust and development of container terminal at Ennore Port. These expansions will double the container handling capacity which is at 11.57 million TEUs. The capacity of the multipurpose cargo berth proposed for Mumbai port will be 4.5 MTPA to handle automobiles, iron and steel cargo, among others.
The shipping ministry had a target to award 30 projects in the current financial year to add a capacity of about 282 MTPA. So far this year the Ministry of Shipping has approved 16 projects (excluding the five), against a target of 30, with an investment of Rs 4,200 crore.
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