"A jetty and a passenger terminal needs to be built, along with some beautification and civic amenities on the island...I am sure by the end of the next monsoons, the lighthouse will be able to attract new tourists," the Union Minister of State for Shipping said here.
Once the renovation is complete, tourists can visit the lighthouse by ferryboats.
Union Tourism Minister K Chiranjeevi said this will be an excellent day-destination for tourists. Shipping Ministry officials added that plans are also afoot to upgrade some rooms in the lighthouse and provide tents for overnight stay.
It has been operating for over 150 years.
Deora said the Union Tourism ministry is providing a Viability Gap Funding (VGF) of Rs 14.71 crore for the project, which will ultimately cost Rs 48 crore.
"This will be done as a public private partnership project. The private bidder will have to invest the remaining Rs 35 crore," Deora said.
A senior Shipping Ministry official said successful bidder will be declared by the end of the year and the project will be awarded on a 30-year concession.
Lighthouses at Vishakapatnam and Mahabalipuram in Tamil Nadu too are undergoing facelift, as a part of the Shipping Ministry's lighthouse tourism policy, Deora said.
The policy aims at turning lighthouses into tourism attractions, on the lines of western countries.
