Sonowal inaugurates infrastructure projects worth Rs 148 crore to increase capacity of Chennai, Kamarajar Ports

Union Minister for Ports, Shipping and Waterways and Ayush, Sarbananda Sonowal on Sunday inaugurated major infrastructure projects in Chennai, Tamil Nadu to increase the capacity of Chennai and Kamarajar ports in the state.

The projects, valued at more than Rs 148 crore, aim to increase the capacity of Chennai and Kamarajar ports.

The Union Minister also underscored ongoing talks between India and Russia on opening the “Chennai-Vladivostok Sea Corridor” to boost maritime trade between the two countries.

Sarbananda Sonowal has inaugurated a bunker berth at Bharathi Dock, a goods shed yard at Jolarpet and a 40 KLD (kiloliter per day) sewage treatment plant in Chennai Port. The total cost of these projects is more than Rs 55 crore.

Funded under the Ministry of Ports, Shipping and Waterways (MoPSW) visionary Sagarmala programme, the 182m bunker berth project is valued at Rs 50.25 crore. This allows for a capacity expansion of 1 MMTPA (Million Metric Tonnes Per Annum) and can also handle bunker tankers up to 10,000 DWT.

This will meet the bunker needs of ships calling at the regional ports in Chennai, Kamarajar and Katupalli, as well as other ships coming from nearby.

On that occasion, Sonowal said: “The rich maritime trade history of Tamil Nadu has been a bedrock to the growth and development of the Indian economy. As we work towards building an ‘Atmanirbhar Bharat’ under the dynamic leadership of Prime Minister Narendra Modi, these projects are expected to play a crucial role in bringing about a positive turnaround in the region’s marine sector.”

“The projects inaugurated today will not only strengthen Tamil Nadu’s marine sector but also enable growth multipliers in regional trade along with EXIM trade. Our conscious effort to unleash the enormous potential of the blue economy through revolutionary programs like Sagarmala is in line with the vision of New India envisioned by PM Modi,” he added.

Boosting maritime cooperation between Russia and India, Sonowal said, “India is in talks with Russia to open the Chennai-Vladivostok sea corridor to promote the special relationship between the two countries while capitalizing on the huge trade potential in the blue economy.” open up. Under PM Modi’s dynamic leadership, India reaffirms its commitment to rejuvenate its trade and investment potential to fuel India’s growth. This corridor serves this purpose as a channel for growth and investment cooperation between two historic cities with rich maritime history, Chennai and Vladivostok, of the two countries.”

The 15,000-square-meter cargo shed facility with loading and stacking facilities in Jolarpet will enable the transportation of cargo to the port of Chennai via railway and increase the transportation of cargo, especially containers. The port also receives a revenue share (from Southern Railway) from terminal access fees.

As part of MoPSW’s Green Port Initiative, the 40 KLD capacity wastewater treatment plant will allow wastewater to be reused after treatment for multiple purposes. The Amrit Mahotsav Marg between the 4.8km Kamarajar Port access road from the Vallur junction to the NCTPS junction was built with an investment of Rs 88 crores.

This will promote hassle-free cargo traffic with better road connectivity to the port. The widening and concreting of the port access road from the Vallur Junction to the NCTPS Junction was completed as part of Sagarmala and one of MoPSW’s National Infrastructure Pipeline projects.

The Sagarmala program has taken an integrated approach to the development of India’s maritime infrastructure, identifying projects under five key pillars for development: Port Modernization, Port Connectivity, Port-led Industrialization, Coastal Community Development, Coastal Shipping and Inland Shipping.

There are 802 projects worth Rs 5.40 lakh crore to be implemented by 2035 under the Sagarmala scheme. Of these, 221 projects valued at Rs 1.12 lakh crore have been completed and 252 projects valued at Rs 2.29 lakh crore are under implementation. In addition, 329 projects valued at Rs 1.98 lakh crore are in various stages of development.

Out of the total Sagarmala projects, 108 projects valued at Rs 1.46 lakh crore will be implemented in Tamil Nadu state. Of the 108 projects, 43 projects valued at Rs 34,752 crore have already been completed, 34 projects valued at Rs 67,759 crore are under implementation and 31 projects valued at Rs 44,057 crore are in various stages of development.

Under the category “port modernization” are 44 projects worth 49,045 Cr. Rupees, some of the key projects in this category are “Development and Operation of a Full Truck Parking Terminal adjacent to NH-7A opposite Fisheries College at VoC Port”, “Dredging”. the dock basin for the coastal cargo berth in the VOC port, etc.

The Port of Chennai plays a crucial role in the industrialization of South India. Along with the port of Kamarajar, the port of Chennai has been the backbone of the state’s EXIM trade. The port of Chennai achieved an operating income of Rs.943 crore and a net surplus of Rs.150 crore for 2022-23, which is the highest in the past 13 years.

Kamarajar Port also surpassed Rs 1,000 billion in revenue for the first time in FY23. KPL recorded a net profit (profit before tax) of Rs 670 crore in 2022-23, up 24.39% year-on-year.

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