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Dredging projects at Major Ports encouraged to be taken up on PPP basis

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The Ministry of Ports, Shipping and Waterways has prepared the Draft Dredging Guidelines for Major Port Trusts, which envisage the public-private partnership (PPP) model for undertaking channel deepening and maintenance works at the Major Ports. Such a model may be worked out for dredging projects, with the hybrid model of combining capital dredging with maintenance dredging for 10-20 years. The Ministry has emphasised the need to increase depths to 17 metres to handle higher capacity container vessels, which would facilitate a reduction in transportation costs due to economies of scale. The PPP model is a potential option, with limited investment from the Major Ports, the Ministry said, as per a report.

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