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Major ports to get Rs 25 cr each for clean energy initiatives

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Press Trust of India New Delhi
The government will provide a financial grant of up to Rs 25 crore to every major port in the country for undertaking clean energy initiatives.

The assistance is being given under a new incentive scheme of the Ministry of Shipping to encourage major ports to become green ports.

"Green projects such as waste water treatment, renewable energy generation, use of bio-diesel and provision of shore power would be supported up to 50 per cent of the project cost. Each major port would be given a financial grant of up to Rs 25 crores for undertaking these initiatives," an official statement said.
 

This new scheme was included in the Budget for the year 2014-15.

Nine major ports have also given a commitment to generate 150 MW of non-conventional energy through solar and wind power in the next five years.

This includes 25 MW generation by Jawaharlal Nehru Port and 20 MW each by Paradip Port, Kamarajar Port and Kandla Port.

Meanwhile, Ministry of Shipping said that Cochin Shipyard Ltd has entered into a Memorandum of Understanding (MoU) with IHC Holland BV (IHC) for co-operation for manufacturing high technology dredgers.

At present, Cochin Shipyard Ltd (CSL) is building dredgers for Inland Waterways Authority of India (IWAI) as part of the efforts towards 'Make in India' campaign.

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First Published: Mar 10 2015 | 6:32 PM IST

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