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IWAI encouraging private sector to invest in container vessels

by Kalpana Pandey
December 20, 2023
in News, Inland Waterways
Reading Time: 2 mins read
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Inland waterways 2

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To make our river system sustainable and economical mode of transport in the country, 111 waterways (including 5 existing NWs and 106 new) spread over 24 States have been declared as National Waterways (NWs) vide National Waterways Act, 2016 w.e.f. 12.04.2016. Feasibility Studies (FSs) of new NWs have been completed and subsequent Detailed Project Reports (DPRs) also completed on selected NWs on the basis of FSs. Action plan has been formulated for development of 26 viable NWs based upon the outcome of study reports and development taken up in 20 NWs.

There is negligible containerized cargo movement on inland vessels in India. However, IWAI is encouraging the private sector to invest in container vessels through various stakeholders conferences. Further, terminals and waterways are developed with a view to handle both bulk and containerized cargo.

Details of MoUs with a number of private cargo owners/ shipper/ e commerce companies for increasing cargo movement through river systems:

AgencyMoU name2nd partyPotential thematic area
IWAIFacilitating inland vessel operationM/S Tata Steel LtdOperation of barges and O&M of Jetties
IWAIFacilitating cargo movementM/s. Brahmaputra Crackers & Polymer Ltd.cargo movement
IWAIFacilitating ODC and product movementM/s. Numaligarh Refinerycargo movement
IWAIOperation & Management of Terminal at Maia for transportation on IBP Route 5&6M/s. Rajesh Auto Merchandize Pvt.Ltd., Jimex International & Cambridge ConstructionO&M of Terminal at Maia
IWAIMovement of GypsumUltra Tech. Cement Ltd.cargo movement
Tags: IWAIWaterways
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