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Centre fine-tunes Rs 44,313 crore project to develop International Container Port in Nicobar

By IANS | Updated: August 22, 2024 14:20 IST

New Delhi, Aug 22 The Network Planning Group (NPG), under the PM GatiShakti initiative, held a meeting to ...

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New Delhi, Aug 22 The Network Planning Group (NPG), under the PM GatiShakti initiative, held a meeting to evaluate the Rs 44,313 crore project for developing an International Container Transhipment Port (ICTP) at Galathea Bay on Great Nicobar Island in Andaman & Nicobar, the Commerce and Industry Ministry said on Thursday.

This greenfield initiative, being implemented by the Ministry of Ports, Shipping and Waterways, aims to capitalise on the strategic location and deeper waters of bay. The port is expected to handle transhipment cargo from Indian ports, and the neighbouring countries in the region, enhancing India's maritime trade competitiveness and generating substantial economic benefits, according to the official statement.

The project has already got environmental clearance and the detailed project report has been finalised and the stage is set for implementation of the project in the next few months, a senior official said.

The NPG also evaluated a greenfield project of the Ministry of Railways, at the meeting, for the construction of a 36.35 km Broad Gauge (BG) double line connecting Gothangam to Hazira port in Gujarat. This project aims to enhance section capacity and improve connectivity to major industries and Hazira Port, a key cargo hub.

The NPG evaluated the projects from the perspective of the principles of PM GatiShakti: integrated development of multimodal infrastructure, last-mile connectivity to economic and social nodes, intermodal connectivity, and synchronised implementation of projects.

The projects are expected to play pivotal roles in nation-building, integrating various modes of transport, and providing substantial socio-economic benefits and ease of living, thereby contributing to the overall development of the regions, the official statement added.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

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