Saturday, July 6, 2013

Shipping ministry plans 30 projects worth Rs 25,000 cr this year

Chennai:
A total of Rs 25,000 crore would be invested in 30 projects this financial year to increase the capacity of ports by 282 million tonnes, according to Union Shipping Minister G K Vasan.
Speaking on during an event to mark the Silver Jubilee celebrations of the Jawaharlal Nehru Port Trust (JNPT) in Mumbai on Friday, Vasan said that amidst global economic recession, his ministry has been able to award a record number of 32 port projects at an estimated cost of Rs 6765 crore to add capacity of about 136 million tonnes per annum (MTPA).
He said that JNPT has drawn up a plan to increase its capacity to handle projected container traffic of 10 million TEUs by 2016-17. The port has recently awarded the project to extend a container berth by 330 metres, he said.

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