Union minister Sarbananda Sonowal on Thursday announced the revised model concession agreement 2021 for public private partnership projects at major ports and said that 31 projects of over Rs 14,600 crore will be awarded till 2024-25. According to the Ports, Shipping & Waterways ministry statement, at the moment, there are more than 80 public private partnership (PPP) projects in the sector with investment of over Rs 56,000 crore at various stages.
Of these, 53 projects of Rs 40,000 crore are under operation, whereas 27 projects of more than Rs 16,000 crore are at implementation stage, the statement said.