Government awards projects worth Rs 1.85 lakh cr under Sagarmala

Government awards projects worth Rs 1.85 lakh cr under Sagarmala

As part of Sagarmala, 572 projects, at an estimated infrastructure investment of more than Rs 8.4 lakh crore, have been identified across the areas of port modernisation and new port development. Till date, projects worth Rs 1.85 lakh crore have been awarded under the ambitious port-led development programme Sagarmala by March 2018.

According to the statement released by Ministry of Shipping, a total of 224 projects — entailing an investment to the tune of Rs 1.85 lakh crore — were launched by March 31, 2018. It further stated that 196 projects worth Rs 71,868 lakh crores are expected to be awarded in 2018-19.

Ninety-eight projects worth Rs 31,046Cr are expected to be completed in 2018-19, adding that 59 projects worth Rs 11,299Cr have been completed till March 31, 2018.

These include unique and innovative projects like Gogha-Dahej RO-Pax Ferry Services Project and RO-RO Services Project at Mandwa. In addition, TEFR (techno economic feasibility report) is under preparation for development of underwater viewing gallery and restaurant at BeytDwarka Island and the consultant has been selected for preparing DPR (detailed project report) for the National Maritime Heritage Centre proposed at Lothal.

As part of Sagarmala, 572 projects, at an estimated infrastructure investment of more than Rs 8.4 lakh crore, have been identified across the areas of port modernisation and new port development, port connectivity enhancement, port-linked industrialisation and coastal community development.

Public Transport in Indore to run on Bio-CNG
India’s first Integrated Greenfield Smart City at Naya Raipur