Sagarmala project: Shipping Ministry offers grant to JNPT and Karwar port

Oct 28, 2017 08:35 IST
Sagarmala project: Shipping Ministry offers grant to JNPT and Karwar port

The Ministry of Shipping sanctioned Rs 25 crore to the Jawaharlal Nehru Port Trust (JNPT) for development of coastal berth and another Rs 50 crore to the Karwar port in Karnataka on 27 October 2017. The grant was offered under the Sagarmala project.

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The objective behind the Coastal Berth Scheme (under Sagarmala project) is to develop infrastructure by providing financial assistance to ports or states. The purpose is to foster movement of cargo and passengers either by sea or national waterways.

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Highlights

• The project at the Jawaharlal Nehru port Trust (JNPT) will be completed by March 2019 with an estimated cost of Rs 170 crore.

• JNPT is expected to handle about 2.5 million Tons of the coastal traffic and allow easy and quick coastal movement of cement and edible oil.

• The Karwar port project is likely to be completed in three years and it involves expansion of the existing southern breakwater by 145 metres and construction of a new north breakwater of 1,160 metres.

• Situated between New Mangalore Port and Mormugao Port, Karwar Port is one of the best natural all weather ports on the west coast. It provides all weather berthing facilities for ocean going vessels.

• The expansion at both the ports will witness an increased shipping activity, employment generation and overall improvement in the socio-economic condition in the area.

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Sagarmala Project in brief

• Sagarmala Project is associated with maritime, waterways and coastline in India.

• The Union Government approved the idea of Sagarmala on 25 March 2015 to harness India’s 7,500 km long coastline, 14,500 km of potentially navigable waterways.

• Approximately 95% (by volume) of trade of Indian merchandise occurs via seaways and there was a need for a systematic approach for development of coastline.

• Sagarmala project is an answer to that need. It provides a comprehensive development of coastline and maritime sector.

• Sagarmala Project is aimed at reducing cost and time of transporting domestic cargo and locating future industrial capacities near the coast so as to lower logistics cost of bulk commodities.

Source: PTI

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