New Incentive Scheme to Make Major Ports Green

Bs_logoImage
Delhi
Last Updated : Mar 10 2015 | 6:20 PM IST
Ministry of Shipping has evolved a new incentive scheme 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 upto 50% of the project cost. Each major port would be given a financial grant of upto Rs.25 crores for undertaking these initiatives. This new scheme was included in the Budget for the year 2014-15 and was approved by the Minister of Shipping, Shri Nitin Gadkari.

Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Access to Exclusive Premium Stories Online

  • Over 30 behind the paywall stories daily, handpicked by our editors for subscribers

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Mar 10 2015 | 6:20 PM IST