Prime Minister Narendra Modi dedicated to the nation a Rs 6,000 crore petrochemical complex of oil major Bharat Petroleum in Kerala and Ro-Ro vessels of Inland Waterways at Willingdon Islands, asserting these projects would energise India’s growth trajectory.
On a brief visit to Kerala, the Prime Minister also inaugurated the Cochin Port Trust’s International Cruise Terminal and Cochin Shipyard’s Vigyana Sagar, a campus for Marine Engineering Training Institute.
The prime minister also laid the foundation stone of Cochin Port Trust’s South Coal Berth and said these projects covered a wide range of sectors and will energise India’s growth trajectory.
Referring to the Propylene Derivative Petrochemical Project (PDPP) located close to its Kochi Refinery that will produce Acrylic Acid, Oxo-Alcohol and Acrylates, which are predominantly imported, at present, he said it would save considerable foreign exchange every year.
The two new Roll-on/Roll-off vessels, deployed between Bolgatty and Willingdon Island on National Waterway-3, will have the capacity to carry six 20-feet trucks, three 20-feet trailer trucks, three 40-feet trailer trucks and 30 passengers each. The service, operated by Inland Waterways Authority, will benefit trade as a result of reduced transportation cost and transit time, and will also lead to reduced congestion on the roads of Kochi, it was stated.
The Prime minister inaugurated the International Cruise Terminal “Sagarika” at Cochin Port, Marine Engineering Training Institute at Cochin Shipyard, Ro-Ro Vessels at Willingdon Islands. He also laid the foundation stone of Reconstruction of South Coal Berth at Cochin Port. It is being reconstructed at an estimated cost of `19.19 crore under the Sagarmala Scheme.