Funds sanctioned for Sagarmala projects

Funds have been sanctioned for 13 rail and 20 road connectivity enhancement projects and two Coastal Economic Zones have been identified in Andhra Pradesh under the #Sagarmala Programme.

The projects will be implemented by relevant Central Ministries, State Governments, Ports and other agencies primarily through the private or Private Public Partnership (PPP) mode, #Minister of State for Shipping, Pon Radhakrishnan said in a written reply to a question in the Lok Sabha (parliament) on 9 Mar 2017.

The projects are:

Port connectivity to National Highway – 5 (Phase II), cost Rs.20 Crore sanctioned and released.

Construction of grade separator from H-7 area to port connectivity road by passing Convent Junction, Vizag Port, cost Rs.29.96 Crore sanctioned and Rs.14.98 Crore released.

Further, nine coastal jetty project proposals from the state are being considered for financial assistance under the Coastal Berth Scheme of Government of India.

Financial assistance under Coastal Berth Scheme would be up to 50% of the total cost of the project subject to:
(i) a maximum of Rs.25 Crore for projects related to construction/upgradation of coastal berths;
(ii) a maximum of Rs.10 Crore for construction of platforms/jetties for hovercrafts & seaplanes by Ports/State Governments & passenger jetties in National Waterways & Islands by the State Governments;
(iii) a maximum of Rs.15 Crore for mechanisation of berths by Major Ports/Non-Major Ports;
(iv) a maximum of Rs.50 Crore for Capital Dredging of operational Non-Major Ports; and
(v) a maximum of Rs.50 Crore for construction of breakwater for existing and Greenfield Ports.

/fii-news.com