The Gujarat government has approved the development of Nargol port, according to infrawindow.com.
To cost an estimated Rs 4,000 crore, the new multipurpose port would be located strategically on the southern tip of the state’s coast.
Nargol is amongst eight greenfield ports being developed by Gujarat Maritime Board (GMB), the maritime regulator in Gujarat.
Other ports Mundra, Pipavav, Dahej and Hazira have been made operational by private players, while Chhara, Kacchigadh and Mahuva are under various stages of development.
It has a draft (depth) of 11-12 metres. The developers expect to reclaim 75-150 hectares of land for developing the port, whose first phase is likely to be commissioned by 2015-2016, said a GMB official.
The proposed port is estimated to have an initial cargo handling capacity of 1.2 million twenty-feet equivalent units (TEU).
World Maritime News Staff, July 13, 2012