The government finalises DPR for ₹41,000 crore Great Nicobar transhipment port project.
The government is finalising the detailed project report (DPR) for a ₹41,000 crore international transhipment port project at Great Nicobar Island, located in the Bay of Bengal. According to Ports, Shipping and Waterways Secretary T K Ramachandran, the project has now secured environmental clearances and approval from the National Green Tribunal (NGT), with implementation set to begin in the coming months.
Last year, the Ministry of Ports, Shipping and Waterways announced that the project would require an investment of ₹41,000 crore ($5 billion), incorporating funds from both the government and public-private partnership (PPP) concessionaires. Notably, 11 companies, including Larsen and Toubro, Afcons Infrastructure, and JSW Infrastructure, have expressed interest in the project.
The first phase of the port, expected to be operational by 2028 at a cost of ₹18,000 crore, will handle over 4 million containers annually, with ultimate capacity reaching 16 million containers per year. Additional infrastructure developments planned around the port include an airport, a township, and a power plant. The port’s strategic location is advantageous, situated near key transhipment terminals like Singapore, Klang, and Colombo.
