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New Incentive Scheme to Make Major Ports Green

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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.

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

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