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Puducherry port inks MoU with Chennai Port Trust

Press Trust of India  |  Puducherry 

: A Memorandum of Understanding was signed between port and Port to develop port into a satellite port to handle containers from to the Union Territory

Chief Secretary to Manoj Parida and Chairman of Port P Raveendran inked the MoU in the presence of Union Minister for Road Transport, and Shipping Nitin Gadkari, Chief Minister and Minister of State for Road Transport, Highways, Shipping and Fertilisers Mansukh L Mandaviya in

This was stated in a release from the office of the Chief Minister said.

The development of port into a satellite port would help handle containers from and for their onward transit from hereeither by rail or road to other destinations, official sources said.

The port here would handle four lakh tonnes cargo in the first year and subsequently 10lakh tonnes each year, the source said.

The allied infrastructure to set up rail and road links for movement of containers from here to other destinations involving an estimated expenditure of Rs 50 crore would also be developed by the Port Trust, the sources said.

The dredging of the estuary off the port here would be done under a scheme of the Central through Dredging Corporation of India, the sources added.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, March 15 2017. 19:23 IST