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Mumbai harbour dredging plan cost up 154%

DNMUM380128 | 12/26/2016 | Author : Ateeq Shaikh | WC :896


Mumbai: In a decade, the cost for deepening and widening of Mumbai’s harbour and port channels has shot up by 154% from Rs 800 crore to Rs 2,029 crore, and by the time the project is completed, there may be more price revisions.
The plan to deepen and widen Mumbai harbour channel and port channel (Phase II) for the benefit of Jawaharlal Nehru Port Trust (JNPT) and Mumbai Port Trust (MbPT) has now reached for a green nod and may take some more time before the work commences.
The estimated project cost was pegged at Rs 800 crore and revised to Rs 1,055 crore. Half a decade ago, the cost was estimated at Rs 1,571.60 crore, but now it has shot up to Rs 2,029 crore. There are also plans for developing an Emergency Anchorage, but
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