September 08, 2008

Mumbai and Ennore Ports to act as nodal agencies for shipyards

Mr TR Baalu union minister of shipping, road transport & highways said that government of India has nominated Mumbai Port Trust and Ennore Port Limited to function as the nodal agencies for setting up of shipyards on the West Coast of India and the East Coast of India respectively.

The nodal agencies have been authorized to appoint consultants with clear terms of reference to identify 3 or 4 alternative sites each for setting up of shipyard on West Coast and East Coast of India respectively and also suggest optimal locations with detailed justification.

The Nodal Agencies have been entrusted with the responsibility/job of engaging consultants for preparing, inter alia, detailed project reports, documents for request for proposals for setting up two international size shipyards. As such, no definite time frame can be set at this stage for finalization of the project and commencement of civil works.

The Ministry had projected to the Planning Commission an outlay of INR 3000 crore comprising of gross budgetary support from government and internal & extra budgetary resources.