The Cabinet Committee on Economic Affairs for India, chaired by the country’s Prime Minister, Shri Narendra Modi, has given its approval for ‘Redevelopment of Berths 8, 9 and Barge Berths at the Port of Mormugao, Goa on Public Private Partnership (PPP) mode’.
The project will be completed within 36 months from the date of the award of a concession.
The project envisages the reconstruction of three old berths and the replacement of 38-year-old equipment by creating facilities for handling a variety of cargo such as iron ore, bauxite, gypsum, limestone, fertilisers, steel coils and other general cargo at Mormugao Port.
As a result of modernisation of berths, more efficient operations due to this project and utilisation of deeper draft of 19.5 metres being created in the port, more capacity would be effectively added.
Construction activity includes the construction of berths, buildings, railway lines, dredging and reclamation and installation of equipment.
The construction process, particularly the civil works are labour intensive and will lead to employment generation.
The direct and indirect employment in this regard will be about 400 people per day. The project will contribute to the industrial growth of Goa.
The project will have a positive effect on industries such as steel, power, iron ore, agriculture and cement.
State-of-the-art technology will be used to address environment concerns.
PTI previously reported that India’s Visakhapatnam Port is set for a major expansion, after several projects had been inaugurated by Narendra Modi.
Following this news was the announcement that Sri Lanka is looking for a consortium which includes an Indian company, who will help to counterbalance Chinese influence in building the US$400 million East Container Terminal at Colombo Port, Sri Lanka.
