Marine Link
Saturday, October 22, 2016

India to Establish Two Major Ports

August 6, 2013

The Indian government has decided to set up two new major ports, one at Sagar in West Bengal and the other at Dugarajapatnam in Andhra Pradesh.

In respect of the Sagar Port, RITES has estimated capital cost (including connectivity project) at Rs. 7820 crores. The tentative cost for Dugarajapatnam has been estimated at Rs. 7988 crore by the Technical Committee set up by Ministry of Shipping. However, the feasibility study of the proposed location is also being carried out by RITES. In respect of Ports at Sagar and Dugarajapatnam, the concessions are targeted to be awarded in the financial year 2014-15.

The government has initiated a series of measures to modernise Major Ports in the country. As part of the endeavor, in 2012-13, 32 projects were awarded involving an estimated cost of Rs. 6765 crores with capacity addition of 136.75 million tons per annum (mtpa). During the current financial year (till date) total number of projects awarded is 5 involving a capacity addition of 48.59 mtpa with an investment of Rs. 2045.25 crores.

Maritime Reporter Magazine Cover Oct 2016 - Marine Design Annual

Maritime Reporter and Engineering News’ first edition was published in New York City in 1883 and became our flagship publication in 1939. It is the world’s largest audited circulation magazine serving the global maritime industry, delivering more insightful editorial and news to more industry decision makers than any other source.

Maritime Reporter E-News subscription

Maritime Reporter E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

Subscribe for Maritime Reporter E-News