Govt identifies 9 high-impact infra projects under Gati Shakti
PORTS & SHIPPING

Govt identifies 9 high-impact infra projects under Gati Shakti

As the Centre aims for the rapid ramp-up of the Indian infrastructure (infra) and logistics sector, the Ministry of Ports, Shipping, and Waterways (MoPSW) identify nine high-impact infrastructure projects of Rs 1,913 crore under the Pradhan Mantri Gati Shakti-National Master Plan (NMP).

The high-impact projects to be closely monitored in 2022-23.

According to a senior official, they have identified 101 projects with a total estimated cost of Rs 62,627 crore under the Gati Shakti National Master Plan (NMP). These are expected to be completed by 2024 and the target set for the nine high-impact projects is this fiscal year.

An official part of the Gati Shakti network planning group (NPG), overseeing project management for the integrated infrastructure development program, stated that two of these nine projects which are the Port of Visakhapatnam- an extension of container terminals and New Mangalore Port- mechanisation of container terminal have already been completed.

Other high-impact projects in the pipeline have reached advanced stages of completion. Almost half of the total identified projects are to be executed by the Ministry of Road Transport and Highways (MoRTH). Five of the identified projects shall be executed by major ports with an estimated cost of Rs 900 crore. The others will be completed by the Inland Waterways Authority of India.

Out of the 101 Gati Shakti pipeline projects, seven projects worth Rs 2,369 crore, have been completed so far. The government expedited high-impact projects of Rs 1,913 crore under PM Gati Shakti.

Image Source

Also read: PM Gati Shakti National Master Plan to enable logistics efficiency

As the Centre aims for the rapid ramp-up of the Indian infrastructure (infra) and logistics sector, the Ministry of Ports, Shipping, and Waterways (MoPSW) identify nine high-impact infrastructure projects of Rs 1,913 crore under the Pradhan Mantri Gati Shakti-National Master Plan (NMP). The high-impact projects to be closely monitored in 2022-23. According to a senior official, they have identified 101 projects with a total estimated cost of Rs 62,627 crore under the Gati Shakti National Master Plan (NMP). These are expected to be completed by 2024 and the target set for the nine high-impact projects is this fiscal year. An official part of the Gati Shakti network planning group (NPG), overseeing project management for the integrated infrastructure development program, stated that two of these nine projects which are the Port of Visakhapatnam- an extension of container terminals and New Mangalore Port- mechanisation of container terminal have already been completed. Other high-impact projects in the pipeline have reached advanced stages of completion. Almost half of the total identified projects are to be executed by the Ministry of Road Transport and Highways (MoRTH). Five of the identified projects shall be executed by major ports with an estimated cost of Rs 900 crore. The others will be completed by the Inland Waterways Authority of India. Out of the 101 Gati Shakti pipeline projects, seven projects worth Rs 2,369 crore, have been completed so far. The government expedited high-impact projects of Rs 1,913 crore under PM Gati Shakti. Image Source Also read: PM Gati Shakti National Master Plan to enable logistics efficiency

Next Story
Infrastructure Urban

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Next Story
Infrastructure Energy

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

Next Story
Real Estate

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement