Waterways Projects

Govt looks to reduce red tape and unmoor port infrastructure delays

New plan aims to expand financial powers, and level the playing field with private operators

New shipbuilding scheme to incentivise Indian shipyards till 2035

Ministry of Ports, Shipping and Waterways (MoPSW) is working on a new shipbuilding scheme, which would incentivise Indian shipyards till 2035 by various measures, a senior government official has said. Ports, Shipping and Waterways Secretary T K Ramachandran further said with the new policy, India will endeavour to be among the top 10 shipbuilding nations by 2030 and the top five by 2047, from 22nd in the world at present. "Yes, this ministry is working on a new shipbuilding scheme, which would incentivise Indian shipyards till 2035 by various measures," he told PTI. Ramachandran also said global cruise major MSC Cruises, based out of Geneva, has expressed willingness to deploy their ships for domestic itinerary. He said MoPSW in coordination with Ministry of Petroleum and Natural Gas is planning to have a JV between Shipping Corporation of India (SCI) and oil marketing companies to own large tankers. "The model of ownership is still to be decided depending upon demand requirement

Ministry of Ports receives 29 proposals worth Rs 3,300 cr from Andhra

Ministry of Ports, Shipping and Waterways has received 29 new proposals worth Rs 3,300 crore from Andhra Pradesh covering various projects, including port development and coastal berths, Parliament was informed on Friday. Replying to a question in the Lok Sabha, Ports, Shipping and Waterways Minister Sarbananda Sonowal said 13 projects in Andhra Pradesh, valued around Rs 2,500 crore, are currently receiving financial assistance under the Sagarmala scheme. These projects include Ro-Pax and passenger jetties, fishing harbours, port modernisation, and skill development. The ministry has already sanctioned Rs 450 crore for development of these projects, Sonowal said. Additionally, he said the Visakhapatnam Port Authority and Inland Waterways Authority of India (IWAI) have undertaken 36 projects in Andhra Pradesh, with a combined investment of Rs 4,600 crore. Among these, 22 projects worth Rs 2,530 crore have been completed, while 14 projects worth Rs 2,070 crore are in various stages o

India secures second overseas port: Sittwe agreement approved by MEA

India Ports Global is a company 100 per cent owned by the Ministry of Ports, Shipping and Waterways

Two-day conclave in Assam to focus on optimum use of NE waterways: Minister

The government, during the conclave, will also explore a possible collaboration between Assam and the Netherlands in river water management

Rs 2-trn projects to be completed by 2024 under Sagarmala plan: Sonowal

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

Budget 2022: Icra expects enhanced support for waterways, logistics sectors

An increased budgetary support from the government for flagship projects including Sagarmala and inland waterways will provide a boost to the execution pace and investments, Icra said

World Bank commits $105 million loan to improve West Bengal waterways

The Government of India, the Government of West Bengal and the World Bank on Tuesday signed a $105 million project to improve the inland water transport infrastructure in Kolkata, West Bengal

Water transport: Still missing the link

It holds out great promise for improving India's logistics and therefore needs to be pushed aggressively

Govt takes EPC route for awarding contracts in waterways projects

The IWAI is the implementing agency for the Centre's Jal Marg Vikas Project, a scheme approved by the Cabinet Committee on Economic Affairs in January