The Public Private Partnership Appraisal Committee has approved five port projects.
These include developments of the fourth Container Terminal at Jawaharlal Nehru Port; Container Terminal at Ennore Port; Multi-Purpose Cargo at Mumbai Port; Mega Container Terminal at Kandla Port; and Container Terminal at Diamond Harbour at Kolkata Port.
The port projects are proposed to be awarded in the current financial year by various major ports for implementation under public private partnership (PPP) mode. The proposed projects are to create an additional capacity of 150 million tpa with an investment of Rs 17,630 crore.
These projects will now be recommended for grant of final approval by the Cabinet Committee on Economic Affairs (CCEA).
The Ministry of Shipping will soon submit a note to the Cabinet for final nod to projects