Centre finalising Great Nicobar project; construction to begin in next few months
The Hindu
Government finalizing ₹41,000-crore Great Nicobar Transhipment port project, set to handle 16 million containers annually by 2028.
The detailed project report (DPR) of a ₹41,000-crore international transhipment port project at Great Nicobar Island in the Bay of Bengal is being finalised by the government, and it will go ahead with the implementation of the project in the next few months, a senior official said on Sunday.
Great Nicobar Transhipment port project has been under scrutiny over environmental concerns.
"The project has received the environmental clearances and nod from the National Green Tribunal (NGT) and now there is no hurdle in its implementation.
OPINION | Nicobar triangle: on the ₹72,000-crore project on Great Nicobar Island
"The DPR of the project is also finalised and we are going ahead for its further implementation in the next few months," Ports, Shipping and Waterways secretary T.K. Ramachandran told PTI in an interview.
Last year, the Ministry of Ports, Shipping and Waterways in a statement had said the project is expected to be completed with an investment of ₹41,000 crore ($5 billion), including investments from both government and public-private partnership (PPP) concessionaires.
"11 players have submitted expressions of interest for the international transhipment port project at Great Nicobar Island," the ministry added.
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