Lok Sabha
The modernization and expansion of the major ports is primarily done through the internal and extra budgetary resources and, inter-alia, include construction of berths/jetties, mechanization of existing berths through procurement, replacement and upgradation of port equipment. Many of the projects are also funded through Public Private Partnership route. However, Government Budgetary Support is given to a few major ports for undertaking dredging, rail connectivity projects etc.
In Paradip Port, the following three projects for expansion are proposed to be taken up at an estimated cost of Rs.1457 crores through the PPP model.
(i) Development of Deep Draught Iron Ore Berth.
(ii) Development of Deep Draught Coal Berth.
(iii) Construction of Multipurpose Cargo Berth for handling clean cargo including containers.
These projects are to be completed within 30-36 months from the date of award of concession. At present, the Concession Agreement for Deep Draught iron ore berth has been signed.
This information was given by Minister of Shipping, Shri G. K. Vasan in written reply to a question in Lok Sabha today.
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