The Mormugao Port Trust (MPT) has earmarked Rs 3,000 crore to take up modernisation and infrastructure development plans.

An exclusive berth is being constructed at the port and the work is expected to be over by March 2011. A supplementary berth to the port's proposed main cruise berth is being developed at a cost of Rs 33 crore. It will have a length of 270 mtrs and width of 22 mtrs. The modernisation is likely to be completed by 2014.

MPT is developing an exclusive berth for international tourist cruises and ships for a rest and recuperation (R&R). The facilities include a rest and recuperation (R&R) base for Naval warships calling at the port. This Rs 47-crore berth will be for berthing of non-cargo vessels, including cruise ships. Work on this project has already begun and is to be completed by December 2011. The berth will have a length of 450 mtrs and width of 28 mtrs.

The other projects include upgradation of mechanical ore handling plant, construction of a jetty for relocation of port crafts and small boats, an eight million tonne capacity iron ore export terminal with an investment of Rs 721 crore, construction of additional Mooring Dolphins with Rs 68 crore and development of coal import terminal for which the port has already signed a concession agreement with Adani Mormugao Port Terminal, Ahmedabad. Also, on the cards is revamping of the railway network of the port.

Most of the projects are likely to be implemented on PPP. While major part of the funds are likely to come from PPP partners, the port is also looking to obtain loans from Japan International Co-operation Agency, about Rs 100 crore from Asian Development Bank, around Rs 100 crore loans from markets including banks and the rest around Rs 400 crore from internal accruals such as reserves and revenue generations.