RITES have been appointed on 31 May 2013 as Consultant for preparing the Techno-Economic Feasibility Report for the new Major Port at Dugarajapatnam in Andhra Pradesh with a three month time limit for submission of the Report.
The estimated fund requirement for the development of the Greenfield Port of Dugarajapatnam is approx. Rs.6000 crore with estimated capacity of 25 Million Tonne Per Annum (MTPA). However, realistic estimates of the expenditure will be known only after the receipt of the Techno-Economic Feasibility Report.
An Empowered Committee of Secretaries (ECS) has been constituted to take appropriate decisions in regard to the project structuring as well as other implementation related issues. The Committee is headed by Secretary (Shipping). A Project Implementation Unit (PIU) has also been set up on 16.08.2013 to take follow up action and operationalize the decisions taken by the Empowered Committee of Secretaries. The time lines for clearance of the Project will be known only after the receipt of the Techno-Economic Feasibility Report.
This information was given by the Minister of Shipping Shri G.K. Vasan in a written reply in the Lok Sabha yesterday.
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Press Release, August 27, 2013