Union Gov clears Ennore box terminal project

New Delhi: The Centre has approved the Ennore Container Terminal project with a total outlay of Rs 1,300 crore, a senior Government official said here on Thursday.

The terminal would be implemented through the private-public partnership project (PPP) initiative, Mr Rakesh Srivastava, Joint Secretary (Ports) in the Ministry of Shipping, said at the Indo-American Chamber of Commerce’s (IACC) Fourth Indo-US Economic Summit here, an IACC release said.

He further added that the other PPP projects on offer included a second container terminal at Tuticorin, mechanised iron ore handling facilities at New Mangalore, deep draught iron ore berth at Paradip, multi-purposes cargo berths at Kandla, and Outer Harbour Berths at Tuticorin, the release said.

He said the Shipping Ministry was framing a policy for captive facilities for port-based industries

. He also said that 16 projects were already operational under the PPP route, entailing investments of Rs 4,300 crore.

Eight projects are under implementation, involving Rs 5,499 crore.