Centre targets Rs 10k cr. from monetisation of ports in FY25

Centre targets Rs 10k cr. from monetisation of ports in FY25

With the aim of increasing the share of public-private partnership (PPP) in ports, the Centre will look to monetise assets worth Rs 10,000 crore in 2024-25 (FY25), according to multiple sources familiar with the developments.

The Ministry of Ports, Shipping and Waterways has submitted a monetisation pipeline of Rs 10,000 crore, consisting of five-seven projects, to NITI Aayog — the central think tank and nodal government body for asset monetisation — according to a senior government official.

Queries sent on Friday to the Ministry of Ports, Shipping and Waterways did not receive a response until the time of going to press. 

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