Rs 520 Billion Port Connectivity Projects Completed

27 Dec 2024 CW Team

A total of 84 projects, with an investment of Rs 521.99 billion, have been completed. Among the leading states, Odisha has completed 11 projects with an investment of Rs 138 billion, while Andhra Pradesh has finished 16 projects amounting to Rs 93.12 billion. Gujarat has completed eight projects with a total investment of Rs 80.48 billion.

In addition, 54 projects worth Rs 669.94 billion are currently under implementation. Andhra Pradesh leads with the highest number of on-going projects, totalling 21 projects valued at Rs 333.40 billion. Tamil Nadu follows with 10 projects costing Rs 109.56 billion, according to government data.

Furthermore, another 128 projects with an estimated cost of Rs 686.96 billion are in the development stage. Maharashtra ranks highest in this category with 24 projects totalling Rs 248.10 billion. Odisha has eight projects valued at Rs 117.44 billion, followed by Gujarat with 22 projects requiring Rs 113.16 billion and Andhra Pradesh with 17 projects costing Rs 111.16 billion.

The government released a report titled "Connectivity of Ports to Industrial Nodes," which conducted a gap analysis of the connectivity between seaports and existing or upcoming nodes within different industrial corridors. The report identified 62 new infrastructure gaps in both road and rail sectors across all industrial nodes.

The government also announced that under the Sagarmala Programme, over 800 projects have been identified for implementation, amounting to an estimated cost of Rs 5.5 trillion. These projects are divided into five categories: port modernization, port connectivity, port-led industrialisation, coastal community development, and coastal shipping and inland water transport. These initiatives are being executed by central ministries, the Inland Waterways Authority, Indian Railways, NHAI, state governments, and major ports.

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