In a major thrust to expand capacity at important ports in India, the Ministry of Shipping has awarded seven projects worth over US$386.4 million, to be developed through the public-private partnership (PPP) route, the Business Standard reported.
Another 19 projects, estimated to cost around are expected to be awarded on similar PPP basis by early 2010.
These 26 projects together will expand capacity at the major ports in the country by 42 per cent, or 245.97 million tonnes per annum.
The ministry intends to double capacity at major and non-major ports in the country to 1,590 million tonnes by 2012 from from the present 795 million tonnes.
Another 19 projects, estimated to cost around are expected to be awarded on similar PPP basis by early 2010.
These 26 projects together will expand capacity at the major ports in the country by 42 per cent, or 245.97 million tonnes per annum.
The ministry intends to double capacity at major and non-major ports in the country to 1,590 million tonnes by 2012 from from the present 795 million tonnes.