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2009 December 4   13:36

Three Indian port projects get approval

Three port projects in India worth US$1.7 billion have been approved by a committee chaired by Finance Secretary Ashok Chawla, Indo-Asian News Service reported.
The Public Private Partnership Appraisal Committee has approved a $130 million standalone container handling facility and a $1.4 billion container terminal at Jawaharlal Nehru Port in Mumbai.
Additionally, it also sanctioned $100 million for coal handling facilities and upgrading of the general cargo berth at outer harbour of Visakhapatnam.
Since its constitution in January 2006, the committee has granted approval to 137 projects, with an estimated project cost of $31.3 billion. These include 121 National Highway projects, 11 ports projects, two airports and one each for tourism infrastructure and the railways.

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