2 mega port projects set under PPP proposal

Two mega port projects entailing an initial investment of about Rs 15,000 crore are likely to get the Cabinet’s approval this week. The ports are proposed to be built in Colachel in Tamil Nadu and Dahanu in Maharashtra under the public-private partnership or PPP model.

“These two projects are likely to get Cabinet clearance this week. Two more major port proposals, one in Sagar in Maharashtra and another in Andhra Pradesh, will be sent for the Cabinet Committee on Economic Affairs’