Sagarmala Project

Out of these projects, 36 projects have been completed which cost Rs 32,000 crore, whereas, 77 projects worth Rs 91,000 crore are under different stages of execution and development

The two ministers also discussed the ambitious Vadhavan Port. Low draft depth of Indian ports has been an issue plaguing the maritime economy for long

Under the Sagarmala Programme, 70 projects worth Rs 2,856 crore have been sanctioned, out of which 15 projects worth Rs 849 crore have been completed, Parliament was informed on Friday. Under the Sagarmala Programme, 70 projects worth Rs 2,856 crore have been sanctioned for the development of coastal berths, roll-on, roll-off, passenger jetties etc. In a written reply to the Lok Sabha, Union Ports, Shipping and Waterways minister Sarbananda Sonowal said various initiatives and projects have been undertaken to facilitate shifting of cargo from conventional land-based transportation to coastal shipping mode. A discount of 40 per cent is offered by major ports on vessel and cargo related charges to coastal cargo vessels, Sonowal added. He said green channel clearance was introduced for faster evacuation of coastal cargo at ports. According to the minister, the projects for improvement in the first and last-mile road and rail connectivity with all the major and non-major ports have al

More than 110 projects worth around Rs 1.1 lakh crore have been identified in Andhra Pradesh under Sagarmala, even as 35 works worth Rs 32,000 crore have already been completed, Union Minister of Ports and Shipping Sarbananda Sonowal said on Saturday here. Speaking at the Global Investors' Summit being held here, he said some of the projects are focused on roll on roll off (RORO), passenger jetty, fishing, port modernisation and skill development among others. According to the Minister, Visakhapatnam Port has exhibited a healthy cargo growth of over 7.5 per cent in 202223. "Following directions from the Ministry, the port is in the process of transforming as a landlord port. Other ports also may comply by 2023," said the Shipping Minister. He said six projects are operating in Visakhapatnam Port, awarded in January 2023 with an investment of Rs 658 crore. Further elaborating, Sonowal said the Ministry of Ports, Shipping, and Water in association with the Ministry of Fishing is ...

The policy will be implemented through a Comprehensive Logistics Action Plan (CLAP), which will include key action areas

In line with earlier plans such as National Rail Plan and Maritime India Vision, NLP aims to bring sweeping changes in the current costly, polluting and congesting modal mix of Indian logistics

The ports ministry is currently working on a national perspective plan for development of 11 coastal economic zones (CEZ) across the country

Centre has identified a total of 802 projects under the programme at an estimated cost of Rs 5.48 trillion

The lack of emphasis on expanding container traffic is haunting shippers

The revision or tweaking of documents for BOT becomes essential in the current scenario as the government moves the focus away from the HAM model

Nitin Gadkari said projects worth over Rs 1.50 trilllion are in various stages of implementation, while the work on remaining Rs 850 billion-worth projects is yet to begin

The 80-odd projects completed till now are already valued at Rs 140 billion. Another 212 projects worth Rs 2.5 trillion are still under way

ICRA Research believes that given the modest budgetary support of Rs 6 billion for Sagarmala project for the year, there continues to be significant challenges in terms of mobilisation of funding

Projects are strategically situated in CEZs near and will give boost to the export-import trade for food processing sector