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India's Shipping Ministry to award $692m in port projects

India's Shipping Ministry to award $692m in port projects

Mumbai: As part of the first 100-day 'action programme' of the government, the Shipping Ministry would award projects worth more than Rs 3,300 crore ($692.7m) for developing and upgrading container and cargo terminals at various ports in the country, writes the Press Trust of India. "We will issue Letter of Award for six projects within the next 100 days for various ports, apart from initiating the process for awarding another 23 projects," a senior official said.

The six projects to be awarded within the next 100 days include development of a container terminal at Ennore, North of Chennai, at an estimated cost of Rs 1,407 crore.

Also included in the plan is the construction of deep draft iron ore berth at Paradip at an estimated cost of Rs 591 crore. It will have another project for construction of deep draft coal berth, estimated to cost Rs 479 crore.

Other projects include conversion of a general cargo terminal into a container terminal at Tuticorin Port (Rs 312 crore), setting up of mechanised iron ore handling facilities at New Mangalore (Rs 277 crore) and development of berth for handling bulk cargo at Goa (Rs 252 crore).  [08/06/09]