The Cabinet Committee on Economic Affairs has approved the project "Development of Coal Terminal at Berth No.7 in the Port of Mormugao, Goa. The project is on Design, Build, Finance, Operate and Transfer (DBFOT) basis for implementation at an estimated cost of Rs 2.52bn.
The project covers construction of coal unloading facilities for import with a capacity of 4.61mn tons per annum at Mormugao Port and is scheduled to be completed within 36 months from the date of award of concession.
The benefits/results likely to build up from this project include-
As a result of the implementation of this project, Mormugao Port shall be able to handle additional quantity of at least 4mn tons of coal.
The project will boost the industrial economy in the hinterland of port.
The project will lead to creation of job opportunities in the hinterland area of
the Port.
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