On Wednesday, PM Narendra Modi inaugurated three major infrastructure projects worth more than Rs 4,000 crore in Kochi, Kerala. These projects include Cochin Shipyard Limited (CSL), the New Dry Dock (NDD), the International Ship Repair Facility (ISRF), and the LPG Import Terminal of Indian Oil Corporation Limited.
The NDD facility was built at the nation’s largest dry dock, the Cochin Shipyard. The total cost of constructing the dock facility was Rs 1799 crore, and it can accommodate large ships, oil rigs, and LNG. The 600-tonne gantry crane-equipped dual-purpose dry dock can be used for both shipbuilding and ship repairs.
The International Ship Repair Facility was built for 970 crore, consisting of six workstations, to help it establish itself as a major ship repair centre. The IOC LPG Import Terminal was built for 1236 crore to cater to the LPG scarcity in southern India.
The project will benefit bottling industries and ensure LPG delivery through pipeline and road transfers. It aims to save 150 crore rupees in logistics costs annually and cut 18,000 metric tonnes of carbon dioxide emissions annually.
These projects were inaugurated by Mr Modi with a vision to transform Indian ports, the waterways sector, and the shipping sector.
