Updates On Development Of Port Infrastructure
The Minister of State for Shipping and Finance Shri Pon Radhakrishnan in a written reply to a question in Lok Sabha informed that under Sagarmala Programme, 243 projects (cost: Rs. 142,989 crore) have been identified for enhancing the infrastructure at Indian ports upto 2035. Out of these 44 projects (cost: Rs.8549 crore ) have been completed and 79 projects (cost: Rs. 36,399 crore) are under implementation. These projects are being implemented by Major Port Trusts, State Maritime Boards, State Government/UTs and Private Sector.
12 Major ports have spent Rs. 5,431 Crore in the last two Financial years (FY2016-17 and FY2017-18) and have planned to spend Rs. 4,552 Crore in the current Financial year ( FY2018-19) for developing infrastructure. Additionally, Ministry of Shipping has released Rs. 446 Crore to various implementing agencies in last two years for 35 port infrastructure projects costing Rs. 1,879 Crore.
Government has allowed private sector participation in the development of new ports and development of infrastructure at existing ports. More than 67 projects costing Rs. 89,567 Crore from major ports are being implemented by Private sector under PPP model. There are 34 existing private ports where port infrastructure are being developed by Private Sector