Source : http://netindian.in/news/2009/12/03/0004271/pppac-approves-new-projects-jawaharlal-nehru-vizag-ports
The Public Private Partnership Appraisal Committee (PPPAC) has granted approval to a project of the Ministry of Shipping for the development of a fourth container terminal at the Jawaharlal Nehru Port Trust in Mumbai at a cost of Rs 6600 crore. At its 29th meeting here on November 11, the committee, chaired by Finance Secretary Ashok Chawla, approved three projects of the Ministry of Shipping with a total estimated cost of Rs 7661.65 crore.
The other two proposals include one develop a standalone container handling facility with a quay length of 330 metres towards north at a cost of Rs 600.08 crore at the Jawahar Lal Nehru Port. The third project is for development of a mechanism of coal handling facilities and upgradation of general cargo berth at the outer harbour of the Visakhapatnam Port to cater to 200,000 DWT vessels on a design, build, finance, operate and transfer (DBFOT) basis.
Since its constitution in January, 2006 the the PPPAC has granted approval to 137 projects with an estimated cost of Rs 144,687.27 crore. These include 122 National Highway projects, 11 port projects, two airport projects, one tourism infrastructure project and one railway project, an official press release added.
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