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Rs. 515 Crore Grant for Sagar Port Project Development
Nov 04, 2016

The Central Government has given in principle approval to a grant of Rs. 515 crores to make the development of the proposed Sagar Port project in West Bengal financially viable. 

  • A Special Purpose Vehicle, Bhor Sagar Port Limited (BSPL) has been incorporated for the implementation of the project, with Kolkata Port Trust holding 74% equity and the Government of West Bengal holding 26% equity. 
  • IIT, Madras has been engaged to prepare a Detailed Project Report (DPR) for the port, involving studies for shore-protection, land reclamation and physical modeling for use of dredge material. The work of preparing the DPR is underway. 
  • Work is also underway for developing port connectivity. A road-cum-rail bridge is proposed over the river Muriganga to connect the Sagar island to the mainland. 
  • National Highways and Infrastructure Development Corporation Limited (NHIDCL) has prepared the Detailed Project Report (DPR) for this road-cum-rail bridge. The estimated cost of the bridge is Rs.1822 crores. 
  • Further, the connectivity of this road-cum-rail bridge to the National Highways network and the railway network has also been taken up in right earnest. 
  • The Ministry of Road Transport and Highways has agreed, in-principle, to take up widening of NH-117 to a four-lane road from Kakdwip to Joka and up to the rail-cum-road bridge to the Sagar Island. 
  • The Railway Board has sanctioned a survey for determining the alignment to connect the Port with the mainland rail network.

The Rs 12,000-crore Sagar port, which may add 60 million tonnes cargo handling capacity to the Kolkata Port Trust, was proposed in the 2013-14 Union Budget.

 


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