Even though local politicians have objected to the expansion plans of Mormugao Port Trust (MPT), the trust is going ahead with its Rs. 1,012 crore iron ore export terminal to be developed under the Public Private Participation model.
Having obtained the required permission from the Planning Commission and the Central Cabinet Committee on Infrastructure, 12 major companies have been shortlisted to take up this biggest PPP project of MPT.
The iron ore terminal is expected to be totally mechanized and with built in systems to control pollution particularly dust pollution to ensure that there is zero dust pollution in the area. The terminal is being developed to handle the ore from Karnataka in particular and in a bid to retain MPT’s position as the top ore exporting port in the country.
The agreement is expected to be inked after the companies get security clearance from the Union Home Ministry and the terminal is expected to be commissioned by 2014.