The government has awarded two projects at the Tuticorin Port and the Ennore Port under the public-private-partnership mode and aims to award 19 more such project this year, Parliament was informed today.
"At the beginning of the financial year 2010-11, the Ministry of Shipping has fixed a target of 21 projects under public private partnership (PPP) for the major ports, of which two projects have been awarded so far at Tuticorin Port and Ennore Port," Shipping Minister G K Vasan told the Rajya Sabha in a written reply.
The targeted private investment through these projects is expected to be approximately Rs 14,000 crore during the current financial year, he added.
As per the current policy guidelines for PPP, foreign companies along with Indian companies can bid for these projects in the Major Ports under PPP Mode, Vasan said.
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