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Port capacity to be expanded by 2025

Ninety-five projects identified

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Ninety-five projects identified

Kolkata Port Trust.

 

Indian port capacity will be increased to 3,300 MTPA by 2025 based on an analysis of nation-wide end-to-end logistics flows of all key commodities (~85% of all commodities) at ports.

Master Planning of 12 Major Ports has been carried out and 95 capacity expansion and port modernizations projects have been identified, Minister of State for Shipping Mansukh Mandaviya told Parliament on 28 Nov 2019.

Major ports capacity has been re-rated with respect to global benchmarks as per berthing policy 2016 and effective capacity has increased by 293 MTPA after re-rating.

Global benchmarks have been adopted to improve the efficiency and productivity for major ports and 116 initiatives have been identified to unlock 100 MTPA of capacity at major ports

An Action Plan for Coastal Shipping has been prepared by the Asian Development Bank (ADB) in September 2019. This action plan includes recommendations with respect to infrastructure creation required to increase the use of coastal shipping in India, he said.

The Ministry has approved 67 projects (cost: Rs.5,702 Crore) under Sagarmala Programme for financial assistance of Rs.1,491 Crore for improving port infrastructure and port connectivity. fiinews.com

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