Monday, September 14, 2026
  • Home
  • About us
  • Privacy policy
  • Advertise with us
  • Contact us
Fii News Logo
No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
  • UP InternationalTrade Show
Newsletter
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
  • UP InternationalTrade Show
Fiinews
No Result
View All Result
Home Contract

IWAI completes first of three MMTs

Fiinews by Fiinews
November 9, 2018
in Contract, Infrastructure, Investment, Projects
Reading Time: 2 mins read
A A
0
0
SHARES
11
VIEWS
LinkedinShare on Twitter

Project update: Veranasi MMT

 

IWAI

 

Inland Waterways Authority of India (IWAI), the project Implementing Agency, has completed the first of the three Multi Modal Terminals (MMTs) as a more environment-friendly transport for cargo movement.

Built on River Ganga at Varanasi, it is part of the MMTs in the Jal Marg Vikas project that aims to develop the stretch of River Ganga between Varanasi to Haldi for navigation of large vessels up to 1,500-2,000 tonnes weight, by maintaining a drought of 2-3 metres.

The Jal Marg Vikas Project (JMVP) is being implemented on the Haldia-Varanasi stretch of National Waterway-1 (NW-1) with the technical assistance and investment support of the World Bank.

The International Bank for Reconstruction and Development has loaned US$375 million of the US$800 million cost of JMVP.

The project entails construction of 3 multimodal terminals (Varanasi, Sahibganj and Haldia); 2 intermodal terminals; 5 Roll-On–Roll Off (Ro-Ro) terminal pairs; new navigation lock at Farakka; assured depth dredging; integrated vessel repair & maintenance facility, Differential Global Positioning System (DGPS), River Information System (RIS), river training & river conservancy works.

Salient features of Varanasi Mutli-Modal Terminal (MMT) are:

First Multi-Modal Terminal on National Waterway -1.
Land: 33.34 hectares.
Cost of Phase-I of MMT: Rs. 206.84 cr.
Terminal capacity: 1.26 MPTA
Start date of the project: June 2016
Completion date of the project: November 2018.

The following are the main ingredients of the project, which are ready for operations:

Jetty: Length 200 m x Width 42 m with berthing and mooring facility.
02 Mobile Harbour Cranes
Approach Road
Internal Road
Stone Pitching Works and bank protection
Shell structure of ancillary buildings, worker amenity building ready.

Operation, management and further development of the Multi Modal Terminal is proposed to be entrusted to an Operator on PPP model. Selection of the PPP Operator through an International Competitive Bidding is at advanced stage and expected to be completed by December 2018.

The project of multi-modal terminal and proposed Freight Village at Varanasi are expected to generate 500 direct employment and more than 2000 indirect employment opportunities. fiinews.com

Tags: Inland Waterways Authority of India
ShareTweetShare

Related Posts

RailTrans 2027
Projects

Project: More freight movement supports economy

by Fiinews
September 14, 2026
0
11

5 GCTs commissioned in August, says Ministry In August 2026, 5 new Gati Shakti Cargo Terminals (GCTs) were commissioned, taking...

PIB
Projects

Project: Indian-Iranian-Russian hold talks

by Fiinews
September 12, 2026
0
13

PM Modi exchanges bilateral views with President Dr Pezeshkian and President Putin Prime Minister Narendra Modi have met Iranian President...

Adani Group

Invest: Temasek backs Adani’s $1bn equity capital

September 11, 2026
14
BAI

Project: India needs 160,000 managers by 2035

September 11, 2026
16
Singapore Airlines

Invest: SIA to internally fund stake in India

September 11, 2026
18
Tata AIA

Invest: Tata AIA Fund outperforms S&P BSE 200

September 8, 2026
21
SBI YONO
Upits 2026 brochure 062026 pdf

POPULAR NEWS

  • Cristina Dnv

    Projects: Indian yards set to build green ships, says DNV expert

    0 shares
    Share 0 Tweet 0
  • Investment: India welcomes US investment and technology collaboration

    0 shares
    Share 0 Tweet 0
  • Market: PM Modi-President Zelenskyy discussed trade and technology

    0 shares
    Share 0 Tweet 0
  • Manufacturing: Approved ‘BioE3’of Biotechnology Dept

    0 shares
    Share 0 Tweet 0
  • Technology: Mastercard-supported Digital Saksham trains Maharashtran MSMEs

    0 shares
    Share 0 Tweet 0

Fiinews.com features through news articles on business opportunities in the Indian market for the benefits of foreigners. It is also a platform for international businesses to showcase through elaborate articles on their products & services to the Indian consumers and corporations exploiting industrialisation of the country.

7Clicks Media is a Singapore based Media & PR company offering over 100,000
impressions via our targeted communication strategy.

It is led by editor-in-chief Gurdip Singh who has worked over 45 years reporting on
Asian businesses.

Recent News

  • Project: More freight movement supports economy
  • Manufacture: BRICS backs Traditional Medicine
  • Market: PM calls for more connected BRICS
  • Market: Govts must allow businesses to collaborate
  • Market: Indian-Chinese talked bilateral ties

Pages

  • About US
  • ADVERTISE ON FIINEWS.COM
  • CONTACT US
  • EVENTS
  • FII-NEWS.COM PDF ARCHIVE
  • Home
  • News
  • PRIVACY POLICY

Subscribe to Newsletter

  • About
  • Advertise
  • Careers
  • Contact us

© 2024 FIINEWS - Design and developed by 7clicksmedia.

No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
  • UP International

© 2024 FIINEWS - Design and developed by 7clicksmedia.