Rajya Sabha
Under the Eleventh Five Year Plan, which covers the period from 2007-2012, the capacity of Major Ports is planned to be enhanced to 1016 million tonnes per annum (MTPA) to cater to a projected traffic of 708 MTPA. Major Ports have identified projects covering the entire gamut of activities, namely, deepening of channels/berths, construction and reconstruction of berths/jetties, floating jetties, rail and road connectivity projects, procurement, upgradation and modernization of equipment and other demanding schemes in order to meet the capacity requirement.
The Government has also put in place a scheme for private sector participation in Major Ports for handling bulk, break bulk and multipurpose and specialized cargo, warehousing and public storage facilities, dry docking and ship repair facilities. To make the project bankable, Government has also issued a new Model Concession Agreement (MCA). It takes into account, amongst other things, investor’s concerns. In addition, all the 12 Major Ports have formulated Port Business Plan, with a 20 years perspective as well as Action Plan for 7 years period with a view to transforming them into ports with world class facilities suited to the requirement of future economy of India.
The total proposed outlay for the Eleventh Plan period for the Major Ports is Rs.17551.24 crores, of which the Gross Budgetary Support (GBS) component is Rs.2056.98 crores. Private sector investment is anticipated to the tune of Rs.36868.24 crores.
This information was given by the Minister of Shipping, Road Transport and Highways, Shri T.R. Baalu in a written reply in the Rajya Sabha today.
VBA/BS
(Release ID :37562)