Ports' sector get Rs.2,000 cr for building waterways
In an ambitious initiative aimed at promoting water transport across 12 major ports and 111 rivers, the government has decided to form SPVs and has also cleared Rs.2,000 crore to make water transport operational in 10 of the total targeted rivers this year, transport minister Nitin Gadkari said. He added that in this connection, the government has already given orders to major ports including Kandla, Mumbai, JNPT, Marmugao, New Mangalore, Cochin, Chennai, Ennore, V O Chidambarnar, Visakhapatnam, Paradip, and Kolkata (including Haldia), which handle approximately 61% of the country's total cargo traffic. This is not only a green mode of transport but has the potential to establish an optimal modal mix and reduce logistic cost. In the meantime, as per feasibility reports of the new National Waterways (NWs) completed so far, 36 NWs have been found technically viable for development. The developmental activities have been initiated in river stretches including Barak, Gandak, Cumberjua, Mandovi, Zuari, Alappuzha, Rupnarayan and Sundarbans and that the detailed project reports of another 22 rivers have been finalized, while six are in final stages of implementation, Gadkari added.
📅Published on:
05 March 2018
🔗Share:
We Value Your Comment
⭐How useful is this information?
Submitting...
03
Thanks for your rating! ✌️ We’d love to hear more - share your thoughts by leaving a comment
Allcargo Logistics Limited has announced its initiative to enable FMCG companies to navigate increasingly fragmented inventory flows through integrated,
GHV Infra Projects Limited has secured a road construction and civil works contract worth Rs 815 crore from APCO Infratech Private Limited in Maharashtra.
JCB India announced the inauguration of a new facility of its dealer, Caculo Earthmovers in Karaswada, North Goa, further strengthening its presence in the
The Godhra–Vadodara section of the Delhi–Mumbai Expressway has been completed and opened for traffic on a trial basis from April 13, 2026, according to the
The Rajasthan State Industrial Development and Investment Corporation will invest Rs 1,200 crore to upgrade infrastructure across more than 450 industrial
Dubai has completed its first air taxi station near Dubai International Airport, marking a major step toward launching electric air mobility services later
Informa Markets in India is gearing up to host the 23rd edition of Roof India, Asia’s premier exhibition for roofing and allied products, from 23–25 April 2026
NBM Media
30+ years of reporting on infrastructure, construction, architecture, & real estate across print, digital, and social media.
