Sunday 9 June 2013

Gujarat Has Over 50% Of Ppp Projects In Ports Sector: Report

8-Jun-2013


AHMEDABAD: Gujarat accounts for the lion's share of over 50 per cent in value terms of the total number of completed projects in the ports sector under the public-private partnership (PPP) model, industry body Associated Chambers of Commerce and Industry of India ( Assocham) said on Friday.





Of the total 31 PPP port projects worth over Rs 24,700 crore under operation in India as of April 30, 2013, Gujarat accounts for 12 completed PPP projects worth over Rs 12,400 crore, according to the study titled 'Port Developments in India'.




Besides, Gujarat ranks sixth with four PPP-based port projects worth over Rs 1,650 crore under construction. With a share of over 53 per cent, Gujarat also tops the list of nine maritime states as it could create almost double the capacity at the minor ports than was envisaged in the 11th plan.



Minor ports in Gujarat had a capacity of 182 million tonnes as on March 31, 2007, and the state was expected to add about 56 million tonnes capacity during 2007-12, while the state had realized capacity addition to about 283.6 million tonnes up to March 31, 2011.



Out of the total 881 PPP projects worth over Rs 5.4 lakh crore taken up under the PPP model across India, 62 projects in the port sector worth over Rs 82,000 crore are in different stages of implementation.



Odisha ranks second with a share of about 17 per cent followed by Maharashtra where five projects worth over Rs 3,700 crore are under operation. Andhra Pradesh and Tamil Nadu each with three projects under operation and have garnered a share between 5-6 per cent followed by Kerala at 2.8 per cent.


Source:-articles.timesofindia.indiatimes.com





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