Maharashtra plans 4 state-owned ports in Konkan to target rRs.r5,000-crore: Rane
MUMBAI, Oct. 29 -- The Maharashtra government is planning to construct four state-owned and state-developed ports in four coastal districts in the Konkan region, state minister Nitesh Rane said.
Rane said the Maharashtra Maritime Board (MMB) was drawing up the plan.
The move marks a fundamental departure from the state's traditional model in which the authorities leased public coastal land to private operators, who built and operated the ports. The government earned modest annual royalties while private operators managed logistics operations.
Rane said the Maharashtra ports department earns around Rs.250 crore annually from these royalties. The state receives royalties from 48 non-major ports and jetties.
"Primary estimates indicate t...
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