NEW DELHI: The Indian government has decided to invest Rs 73,793.95 crore for the development of different projects in port sector, said Union Minister of Shipping GK Vasan in the Rajya Sabha today.
    The Minister also said that the existing capacity of major ports stood at 689.83 million tonnes per annum during the end of March 2012. According to the 12th Five Year Plan, the capacity of major ports will be raised to 1229.24 million tonnes per annum by the end of March, 2017.
    During the ongoing fiscal, 25 projects have been chosen for award at different major ports in India under Public Private Partnership (PPP) mode.

(source:SME)