India’s Major Ports Set for Capacity Augmentation
By Aiswarya Lakshmi
Friday, August 4, 2017
Master Plans have been prepared for all the 12 major ports in India under Sagarmala Programme, and 142 port capacity expansion projects with total cost: Rs. 91,434 Cr (USD 14.25 billion) and capacity of 884 MTPA have been identified for implementation over the next 20 years.
The installed capacity in Major Ports is sufficient to handle the existing cargo traffic. Against the installed capacity of 1065.83 MTPA as on 31st March.3.2017, the traffic handled by the Major ports during 2016-17 was 647.76 MT.
During 2016-17, 100.47 million tonnes of capacity was added to the major ports.
According to sources, of the 116 initiatives, 70 have already been implemented as a result of which the overall average turnaround time and productivity of the Major Ports has improved considerably. The remaining initiatives are under process and will be implemented by 2019.