Govt approves a major port development at Vadhavan
More than 800 projects, estimated at Rs.5.54 lakh crore, have been identified for implementation during 2015 to 2035 under the Sagarmala programme, Minister for Ports, Shipping and Waterways Sarbananda Sonowal said in a written reply in Lok Sabha on 17 Dec 2021.
The projects are under various categories such as modernisation of existing ports and terminals, new ports, terminals, RoRo & tourism jetties, enhancement of port connectivity, inland waterways, lighthouse tourism, industrialization around port, skill development and technology centres.
These projects are broadly classified into five pillars of Sagarmala. Implementation of the projects under Sagarmala is to be done by the Central Line Ministries, State Maritime Boards, Major Ports and Special Purpose Vehicles preferably through the private sector and through Public Private Partnership (PPP) wherever feasible, he said.
The Government has approved a major port development at Vadhavan in Maharashtra on landlord port development model due to its natural advantages and growing requirement of import and export volume, the Minister told the house.
The non-major ports are under the jurisdiction of respective State Maritime Boards and States Governments.
Sonowal said that 119 projects worth more than Rs 1 lakh crore have been identified under Sagarmala Programme in the state of Andhra Pradesh for enhancing the infrastructure related to port-led industrialization, Port Modernisation, Port Connectivity enhancement, Coastal Community Development & Coastal Shipping and Inland Waterways.
These projects are implemented by Central Ministries, Indian Railways, NHAI, State Government and Major Ports among others.
There are 9 projects worth Rs.1,124 crore partially funded through Sagarmala Programme. Out of these 9 Projects, 4 projects worth Rs.694 crore have been completed, three projects worth Rs.88 crore are under implementation and two projects worth Rs.342 crore are under development, he said in an update on port related projects in the country. fiinews.com
