Indian Economy News

Projects worth Rs 13,308 crore awarded for upgradation of Ports in last three years: Shri Mansukh Mandaviya

  • IBEF
  • December 11, 2019

In a written reply to the question in Rajya Sabha regarding the expenditure incurred on upgradation of Ports & Harbours and Port facilities, the Minister of State for Shipping(I/C) and Chemicals & Fertilizers, Shri Mansukh Mandaviya stated that during the last 3 years, a number of projects involving total project cost of Rs 13,308.41 crore (US$ 1.90 billion) have been awarded on the upgradation of the major ports. The details of the infrastructure development projects awarded during the last three years are as follows:

F.Y No. of Projects Expenditure/Investment (Rs crore) Capacity (In MTPA)
2016-17 54 8484.47 92.09
2017-18 25 2659.73 21.93
2018-19 25 2164.21 10.73
TOTAL 104 13308.41 124.75


Shri Mandaviya further informed the House that the mentioned funds were allotted to these projects pertaining to construction of new berths/harbours and terminals, mechanization of existing berths/ harbours and terminals, capital dredging for deepening of drafts for attracting large vessels, developing of road and rail connectivity etc.

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.

Partners
Loading...