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Roadmap developed for increasing Indian port capacity to 3300+ MTPA by 2025: Mansukh Mandaviya

Capital Market 

Identifies 95 capacity expansion and port modernizations projects

The Minister of State for Shipping (I/C) and Chemical & Fertilizers Mansukh Mandaviya informed the Lok Sabha that an analysis of nation-wide end-to-end logistics flows of all key commodities (~85% of all commodities) at ports was carried out based on which the National Perspective Plan (NPP) for the Sagarmala Programme was prepared in April 2016.

The Minister informed that as a part of the NPP, a roadmap is developed for increasing Indian port capacity to 3300+ MTPA by 2025. Master Planning of 12 Major Ports has been carried out and 95 capacity expansion and port modernizations projects have been identified. Major ports capacity has been re-rated with respect to global benchmarks as per berthing policy 2016 and effective capacity has increased by 293 MTPA after re-rating. Global benchmarks have been adopted to improve the efficiency and productivity for major ports and 116 initiatives have been identified to unlock 100 MTPA of capacity at major ports

He further said, an Action Plan for Coastal Shipping has been prepared by the Asian Development Bank (ADB) in September 2019. This action plan includes recommendations with respect to infrastructure creation required to increase the use of coastal shipping in India.

Ministry of Sipping has approved 67 projects (cost: Rs 5702 Crore) under Sagarmala Programme for financial assistance of Rs 1491 Crore for improving port infrastructure and port connectivity.

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

First Published: Thu, November 28 2019. 17:56 IST