Published On:May 27 2024
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Centre Aims to Raise Rs. 10,000 Crore through Port Monetisation in FY25

The Centre is gearing up to increase the share of public-private partnership (PPP) in ports by aiming to monetise assets worth Rs. 10,000 crore in the fiscal year 2024-25 (FY25), as per sources familiar with the matter.

According to a senior government official, the Ministry of Ports, Shipping, and Waterways has submitted a monetisation pipeline of Rs. 10,000 crore, comprising five to seven projects, to NITI Aayog, the central think tank and nodal government body for asset monetisation.

Queries made to the Ministry of Ports, Shipping, and Waterways on Friday did not receive a response by the time of publishing.

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