India's Govt to award 22 port projects in FY’12

To enhance capacities of major ports, the ministry of shipping is aiming to award 22 projects worth Rs 13,600 crore under the public-private partnership mode in 2011-2012.


However, of the total projects only 8 are new while the rest are being carried forward from last year as they could not be awarded within the target date of March 31, 2011.


The new projects include one at Kolkata, two at Vishakhapatnam, one at Mormugao, three at Kandla and one at Tuticorin. In Kolkata, the government plans to bid out the construction of an outer terminal upstream of oil jetty with an investment of Rs 290 crore. Projects at Vishakhapatnam include installation of mechanised handling facility for fertilisers in the inner harbour with an investment of Rs 217.58 crore and an installation of mechanised iron ore handling facilities at an estimated cost of Rs 275 crore.


Development of mechanised coal import terminal at Mormugao will come at a cost of Rs 425 crore. Three new projects at Kandla include development of dry bulk terminal with an investment of Rs 1,060 crore, upgradation of barge handling facilities at Bunder Basin at Rs 85 crore and mechanisation of cargo berth numbers 7 and 8 with an investment of Rs 80 crore. There is also a plan to develop a new cargo berth at Tuticorin port.
(Source:http://en.portnews.ru)