Railways to take up 21 port-rail connectivity projects: Shipping Ministry

Image
IANS New Delhi
Last Updated : Jul 01 2016 | 8:49 PM IST

The Railways ministry will be taking up the 21 port-rail connectivity projects, as identified under the Shipping Ministry's flagship "Sagarmala" programme , an official statement said.

The project will be taken up at a cost of Rs 20,000 crores.

"These projects are aimed at strengthening the rail evacuation network and the last mile connectivity to the ports. In addition, another six projects are being considered by the Indian Port Rail Corporation Limited (IPRCL)," said a Shipping Ministry statement.

The ministry further said that the IPRCL, incorporated by the ministry, would take up the projects after prioritizing them. IPRCL has already awarded three port connectivity projects for Vishakhapatnam and Chennai ports for quick evacuation of cargo, and another 19 projects are in the pipeline.

"Many port-rail connectivity projects have been identified as part of the National Perspective Plan, April 2016, under the Sagarmala programme including development of heavy haul rail line from Ib Valley/Talcher to Paradip. The project will help in transportation of thermal coal from Mahanadi Coalfields Limited (MCL) to various coastal power plants in southern India through coastal shipping," said the statement.

"Other rail connectivity projects to major ports like Tuticorin and non-major ports like Dhamra, Gopalpur, Krishnapatnam have also been proposed," it added.

These projects will enhance port connectivity to the hinterland and help in reducing logistics cost and time for cargo movement making Indian trade more competitive.

Sagarmala aims to achieve capacity expansion and modernisation of sea-ports along India's coastline, enhance port connectivity to the hinterland, facilitate port led-industrialisation to promote trade and sustainable development of coastal communities.

--IANS

rup/vd

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jul 01 2016 | 8:36 PM IST

Next Story