Shipping ministry to soon meet port capacity target of FY14.

The Ministry of Shipping, which is looking to increase the capacity of major ports by 250 million tonnes in this financial year, has already awarded 102 million tonnes capacity in April-December and will be awarding the balance in the next three months, Shipping Secretary Vishwapati Trivedi said.

He was speaking on the sidelines of the Eleventh Annual Conference on Ports in India held.

'Of the total 30 projects that were to be awarded in this financial year, 20 projects worth Rs. 6,000 crore have already been awarded until December and the balance will be awarded in these three months,'he said.

The fourth terminal of Jawaharlal Nehru Port Trust (JNPT), which is a part of the 10 projects to be awarded, alone will bring in 64 million tonnes, Trivedi said.

BS