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Friday, February 3, 2023

PM to dedicate Rs 3800 cr projects in Mangaluru

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Mangaluru: Prime Minister Narendra Modi is set to inaugurate and lay the foundation stone of mechanization and industrialisation projects worth around Rs 3800 crores in Mangaluru on Friday.

“Tomorrow, 2nd September, I look forward to being among my sisters and brothers of Mangaluru. Key projects worth Rs 3,800 crore will be inaugurated or their foundation stones would be laid. These important works are related to mechanisation and industrialisation,” the Prime Minister said in a tweet on Thursday.

Modi will inaugurate the project worth over Rs 280 crore for mechanisation of Berth No. 14 for handling containers and other cargo, undertaken by the New Mangalore Port Authority.

The mechanized terminal will increase efficiency and reduce turnaround time, pre-berthing delay and dwell time in the Port by around 35 per cent, thus giving a boost to the business environment. Phase I of the project has been successfully completed, thereby adding over 4.2 MTPA to the handling capacity, which would further increase to over 6 MTPA by 2025.

Prime Minister Modi will also lay the foundation stone of five projects worth around Rs 1000 crore, undertaken by the Port.

The integrated LPG and Bulk Liquid POL Facility, equipped with state of the art cryogenic LPG storage tank terminal, will be capable of unloading full load VLGC (very large gas carriers) of 45,000 tonnes in a highly efficient manner.

The facility will bolster Pradhan Mantri Ujjwala Yojana in the region while reinforcing the port’s status as one of the top LPG importing ports in the country.

Prime Minister will lay the foundation stone of projects for construction of storage tanks and edible oil refinery, construction of bitumen storage and allied facilities and construction of bitumen and edible oil storage and allied facilities.

The PMO said that these projects will improve the turnaround time of bitumen and edible oil vessels and reduce the overall freight cost for trade.

Prime Minister will also lay the foundation stone for development of Fishing Harbour at Kulai, which will facilitate safe handling of fish catch and enable better prices in the global market.

This work will be undertaken under the umbrella of the Sagarmala Programme, and will result in significant socio-economic benefits for the fishermen community, the PMO said.

Prime Minister will also inaugurate two projects undertaken by Mangalore Refinery and Petrochemicals Limited viz BS VI Upgradation Project and Sea Water Desalination Plant.

The BS VI Upgradation Project, worth around Rs 1830 crores, will facilitate production of ultra-pure environment friendly BS-VI grade fuel (with sulphur content less than 10 PPM).

The Sea Water Desalination Plant, set up at a cost of around Rs 680 crores, will help reduce dependency on fresh water and ensure regular supply of hydrocarbons and petrochemicals throughout the year.

Having a capacity of 30 Million Litres per Day (MLD), the Plant converts seawater into water required for the refinery processes.

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