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Home > All news > News Archive > Gujarat Govt finalize INR 4000 crore Nargol Port proposal

Gujarat Govt finalize INR 4000 crore Nargol Port proposal

July 11, 2012
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... Developed by GMB Nargol Port is eight green field port
 
Ahmedabad       :Gujarat Government has given a go-ahead to construction of the proposed port at Nargol, 120 kilometre south of Surat.
 
A consortium of Cargo Motors Limited and Israel Ports Company (IPC) will develop the port at an investment of Rs 4,000 crore, a  State Government official said.
 
Nargol is amongst eight green field 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.
 
Nargol falls in the upcoming Delhi-Mumbai Industrial Corridor ( DMIC), about 120 kilometre south of Surat and 140 kilometre north of Mumbai is perceived as a multi-purpose port capable of handling solid, liquid and container cargo. The place is well connected with road and rail network.
 
Plans are underway to expand the two-lane state highway into an eight-lane divided carriage way.
 
Mumbai-based Shapoorji Pallonji has undertaken work for the Chhara port in Junagadh and Larsen and Toubro is developing Kachchigadh port in Jamnagar. The consortium had won a bid in January earlier this year and was awaiting a final approval for the go ahead from the State Government.
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