The grounding of MV River Princess, charted by M/s Salgaoncar Mining Industries Limited, at Sinquerim beach since June 2000 affected the coastline upto Calangute, the Comptroller and Auditor General (CAG) report has pointed out.
"As the sand dunes which formed a protective cover to the land were washed away, the land measuring 5,000 square metre along the beach stretch valued at approximately Rs 21 crore was eroded," the CAG has said.
"The Sinquerim beach became almost desolate for beach tourism during the intervening period and the reported financial losses on account of reduced occupancy in the hotels and reduction in tourist arrivals was estimated at Rs 17 crore," the report adds.
The CAG report has said that as a permanent measure to protect the land from sea erosion, the PWD finalised a tender for construction of revetments at the cost of Rs 38.87 crore, which was not awarded as of August 2012.
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