During 2012-13, 32 port projects worth Rs 6,765 crore investment were awarded in the country resulting in capacity addition of 136.75 mn tpa.
Union shipping ministry is intends to raise the capacity at major ports through the Public Private Partnership (PPP) mode for construction of berths or terminals or jetties and mechanization of berths for cargo handling.
In order to expedite PPP projects in the sector, the government urged various security agencies to adhere to the timeline of 12 weeks for grant of security clearances to port projects. The timeline was already approved by the Cabinet Committee on Security.
The is part of the shipping ministry's initiative to streamline the procedure for grant of security clearance.