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PPP projects worth Rs 42,300 cr identified for major port development

Monday, 26 Sep 2022
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The Centre has identified 81 public private partnership (PPP) projects with an investment worth Rs 42,300 crore for developing berths and terminals across the major ports till 2024-25. 
 
The Ministry of Shipping is identifying new road alignments, upgradation of existing roads, and new rail projects to manage the sizeable freight traffic demand of future. 
 
As many as 101 projects worth Rs 62,627 crore are under GatiShakti for implementation by 2024, of which 13 projects worth Rs 565 crore are supported financially under Sagarmala Scheme. 
 
Until now 86 projects at major ports worth Rs 55,000 crore have been granted approval under PPP mode. Jawaharlal Nehru Port has become the first major port of the country to become 100 percent landlord port having all berths being operated on PPP model.
 
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