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Government approves 3 port projects

Friday, 23 Jan 2009
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The Central government has approved three port projects on PPP basis for the construction of two container terminals and a coal terminal with an estimated cost of Rs.2,053.23 crore. The two container terminals will be set up at Ennore Port and Tuticorin Port in Tamil Nadu on BOT basis and the coal terminal will come up in Goa on DBFOT mode.

The container terminal at Ennore Port will be constructed at an estimated cost of Rs.1,407 crore, while the one at Tuticorin Port will require an investment of Rs.312.23 crore. In Goa, a coal terminal will be developed at an outlay of Rs.334 crore.

The Public Private Partnership Approval Committee under the Finance Ministry had approved these three projects of the Department of Shipping at its 22nd meeting on 13 January.

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