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Last Updated : Oct 20, 2018 08:44 PM IST | Source: PTI

Projects worth Rs 2.35 lakh crore under Sagarmala to take off in Maharashtra : Nitin Gadkari

He said projects worth over Rs 1.50 lakh crore are in various stages of implementation, while the work on remaining Rs 85,000 crore-worth projects is yet to begin

The shipping ministry is planning to undertake works worth Rs 2.35 lakh crore under the Sagarmala project in Maharashtra, Union minister Nitin Gadkari said on Saturday.

He said projects worth over Rs 1.50 lakh crore are in various stages of implementation, while the work on remaining Rs 85,000 crore-worth projects is yet to begin.

Work on these remaining projects, starting with the preparation of detailed project reports, will be initiated soon, he said.

Gadkari was speaking here at the inauguration of a premium passenger ship service to Goa, which is being restarted after a gap of nearly three decades.

Overall, departments under him including shipping, ports, roads and waterways will be spending Rs 7.5 lakh crore in Maharashtra, he said.

Gadkari said initially the estimates of expenditure on various projects in his home state were in the range of Rs 5 lakh crore, which has now gone up to Rs 7.5 lakh crore.

Eight projects entailing an investment of Rs 5,384 crore have already been completed, while 45 others involving an investment of Rs 27,000 crore are in various stages of implementation, he said.

The minister did not offer details of all the works being undertaken, but said the figure includes Rs 1 lakh crore for waterways development.

At least five rivers in the state feature in the list of over 100 rivers where water transport potential will be exploited, he said.

Gadkari also said that he had a meeting with a Russian deputy prime minister who assured India to deploy ethanol-powered "watercrafts" in the Ganga river.

An Indian company has forged a joint venture with Russian firm United Ship Builders for this, he said.
First Published on Oct 20, 2018 07:55 pm
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