Projects worth Rs 20,000 crore under implementation to boost ports capacity
Updated : June 18, 2018 06:59 AM IST
"Out of these 112 port master plan projects, 39 projects at a cost Rs 20,535 crore are under implementation," a Shipping Ministry official said.
As many as 15 projects worth Rs 6,920 crore have already been completed, while 11 projects entailing an investment of Rs 5,485 crore are under tender process, the official added.
Buoyed by pick up in demand, cargo traffic at these ports rose by 4.77 percent to 679.35 million tonnes (MT) during 2017-18 compared to 648.39 MT during 2016-17. The 12 major ports have capacity of about 1,400 million tonnes at present.