FM announces 7 port projects worth more than Rs 2K cr via PPP mode

NE NEWS SERVICE
NEW DELHI, FEB 1

Finance Minister Nirmala Sitharaman on Monday announced seven port projects worth more than Rs 2,000 crore investment.

These projects would be undertaken through public-private partnership (PPP) mode, Sitharaman said in her Budget 2021 speech.

The finance minister said that she proposed “seven port projects worth more than Rs 2,000 crore via public-private partnership mode”.

India has 12 major ports under the control of the central government – Deendayal (erstwhile Kandla), Mumbai, JNPT, Mormugao, New Mangalore, Cochin, Chennai, Kamarajar (earlier Ennore), VO Chidambarnar, Visakhapatnam, Paradip, and Kolkata (including Haldia).