VOC Port at Tuticorin in Tamil Nadu will become India's first green hydrogen hub as it will develop an ecosystem of green ports and also emerge as a transshipment hub when Prime Minister Narendra Modi launches numerous initiatives on February 28, Union Minister Sarbananda Sonowal said on Tuesday. Also, Chennai would become the gateway to the Eastern Maritime Corridor to Vladivostok, Russia, and further increase the bilateral trade between the two countries, he said.
«Tomorrow PM Modi will lay the foundation stone, inaugurate, and dedicate to the nation 36 transformative projects worth over Rs 17,000 crore. This is a step towards Viksit Bharat @2047,» Sonowal told reporters here.
About 30 projects under his Ministry of Ports, Shipping and Waterways worth Rs 10,324 crore would be inaugurated, foundation laid or dedicated by the prime minister, he said. Of these, six projects worth Rs 7,587 crore are only in the two ports in Tamil Nadu.
«Only a few years ago, our prime minister had announced that the government will take steps to make VOC Port as the transshipment hub on the east coast of India. Tomorrow this guarantee is going to be fulfilled,» Sonowal said.
Development of the Outer Harbour Container Terminal project at VOC Port, costing Rs 7,056 crore, will position it as a major transshipment hub on the east coast of India. This project will increase the container capacity of VOC Port Authority by many times and would significantly boost the state economy, he said.
Further, it would reduce the logistics cost,