Odisha has second highest share in port sector: Study
Bhubaneswar: Odisha accounts for second highest share of about 17 per cent in value terms in ports sector with two completed projects worth over Rs 4,100 crore that have been put to service delivery under public private partnership (PPP) model, says a study.
"Besides, with a share of about 10 per cent Odisha ranks fourth with three projects worth over Rs 4,100 crore in PPP port projects under construction," according to a study titled 'Port Developments in India' conducted by industry body Assocham.
However, it said the state has no projects in the ports sector that are under bidding.
"Out of the total 881 PPP projects worth over Rs 5.4 lakh crore taken up under the PPP model across India, 62 projects in the port sector worth over Rs 82,000 crore are in the different stages of implementation," said D S Rawat, national Secretary General of Assocham.
"While there are about 21 PPP projects in the port sector with a share of over 52 per cent worth over Rs 43,000 crore are under construction, eight projects worth about Rs 14,000 crore with a share of about 17 per cent are under bidding," said Rawat.
"Of the remaining, one project is in the expression of interest stage (EOI) and one has been cancelled," he said.
While Maharashtra has a share of over 15 per cent and ranks third with five projects worth over Rs 3,700 crore under operation, the states of Andhra Pradesh and Tamil Nadu each with three projects under operation have garnered a share between 5-6 per cent followed by Kerala (2.8 per cent).
Andhra Pradesh (AP) commands the lions share of over 46 per cent with three projects worth over Rs 20,000 crore under construction in ports sector under PPP model.