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AP enjoys 46% share in PPP port projects

BS Reporter Chennai/ Hyderabad
Last Updated : May 25 2013 | 12:09 AM IST
Andhra Pradesh commands a share of over 46 per cent with three projects worth Rs 20,000 crore under construction in the ports sector under the public-private partnership (PPP) model as of April 2013, according to an Associated Chambers of Commerce and Industry of India (Assocham) study.

Titled 'Port Development in India', the study said with three projects worth over Rs 1,425 crore, AP has a share of around six per cent in the PPP mode under operation and none that are under bidding.

Releasing the report here on Friday, Assocham national secretary-general DS Rawat said, while Gujarat accounted for a maximum share of over 50 per cent in the total number of completed projects, Kerala had the highest share of 40 per cent under bidding.

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Of the total 881 projects worth Rs 5.4 lakh crore being taken up under the PPP model across India, 62 projects in the port sector worth over Rs 82,000 crore are in different stages of implementation.

While 21 PPP projects in the port sector with a share of over 52 per cent worth over Rs 43,000 are under construction, eight projects worth about Rs 14,000 crore with a share of 17 per cent are under bidding, said Ravindra Sannareddy, chairman of Assocham southern regional council.

Of the total, 31 PPP port projects worth over Rs 24,700 crore are operational, with Gujarat having 12 completed projects worth Rs 12,400 crore.

The XI Plan experiences of states reveal that barring Gujarat and Odisha, the seven other states - AP, Goa, Karnataka, Kerala, Maharashtra, Pondicherry and Tamil Nadu -could create much lesser capacities than was envisaged in the Plan.

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First Published: May 24 2013 | 8:38 PM IST

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