Govt wishes to make all ports profitable: Shipping Minister
Updated: Nov 26, 2013 11:55:33am
Kolkata, Nov 26 (KNN) It is the government's endeavour to make all ports of the country profitable, said Minister of Shipping GK Vasan during the launch of an inland waterways project here.
The minister said that this is a unique project where government, public and private sectors have joined hands together to provide a good alternative mode of transport. He pointed out that the Kolkata Port Trust would also get revenue out of this project.
Vasan also inaugurated a Transport terminal of the Inland Waterways Authority of India (IWAI) at the function at Garden Reach Jetty-2 in Kolkata Port Trust area, yesterday.
He said that in due course, IWAI would develop more such inter-modal transportation hubs with rail and road connectivity for movement of not only coal but also other bulk cargo like steel, cement, jute, coal, fertilizers, foodgrains etc.
This additional supply of coal through inland waterways, an eco-friendly, economical and fuel efficient mode of transport, will augment coal supply to NTPC Power Plant at Farakka enabling increased power generation and employment opportunities.
The minister also expressed happiness that for the first time in the country a private entrepreneur like Jindal ITF Ltd has made a substantiate investment in the IWT development by investing about Rs 500 crore for transshipper at Sandheads, 23 coal carrying barges, inland water terminal at Farakka with state-of-art coal unloading cranes and a conveyor belt system.
Considering that Kolkata is a transportation hub on the Ganga, the new terminal would serve the states of Uttar Pradesh, Bihar, West Bengal and the North-Eastern Region.
The construction of this RCC Inland Waterways Terminal (IWT) terminal was taken up in Kolkata Port Trust area at a cost of about Rs 38 crore and it will give a fillip to inland navigation in the region. (KNN/ST)
The minister said that this is a unique project where government, public and private sectors have joined hands together to provide a good alternative mode of transport. He pointed out that the Kolkata Port Trust would also get revenue out of this project.
Vasan also inaugurated a Transport terminal of the Inland Waterways Authority of India (IWAI) at the function at Garden Reach Jetty-2 in Kolkata Port Trust area, yesterday.
He said that in due course, IWAI would develop more such inter-modal transportation hubs with rail and road connectivity for movement of not only coal but also other bulk cargo like steel, cement, jute, coal, fertilizers, foodgrains etc.
This additional supply of coal through inland waterways, an eco-friendly, economical and fuel efficient mode of transport, will augment coal supply to NTPC Power Plant at Farakka enabling increased power generation and employment opportunities.
The minister also expressed happiness that for the first time in the country a private entrepreneur like Jindal ITF Ltd has made a substantiate investment in the IWT development by investing about Rs 500 crore for transshipper at Sandheads, 23 coal carrying barges, inland water terminal at Farakka with state-of-art coal unloading cranes and a conveyor belt system.
Considering that Kolkata is a transportation hub on the Ganga, the new terminal would serve the states of Uttar Pradesh, Bihar, West Bengal and the North-Eastern Region.
The construction of this RCC Inland Waterways Terminal (IWT) terminal was taken up in Kolkata Port Trust area at a cost of about Rs 38 crore and it will give a fillip to inland navigation in the region. (KNN/ST)
Loading...
