The Hindu Business Line : IWAI to develop six projects on Ganga, Brahmaputra

THE Inland Waterways Authority of India (IWAI) will be taking up six projects related to development of varying stretches of waterways on the Ganga and Bhramaputra rivers for cargo movement through private participation.

"We have already identified the six stretches of waterways to be developed on the basis of the potential they have to attract cargo and we plan to invite EoI (Expression of Interest) bids by December this year," according to Mr Vinod Chowdhary, member finance of IWAI.

Out of these six projects, one is along National Waterway 1 originating from Kolkata, four on NW 2 in Assam and one on NW 3 in Kerala, he told newspersons here.

He said IWAI could also have an equity participation in these projects to the extent of 40 per cent if the private operator so desired. The authority is willing to provide all infrastructure and logistic support for development of these waterways, which involve an average length of about 300 km each.

According to Mr Chowdhary, IWAI had hired IFCI as a consultant to identify potential navigable stretches for cargo movement along the 15,000 km stretch of river length India had. "The consultant has recently submitted its report, which has identified 27 projects including 15 related to cargo transportation and seven related to setting up of terminals. And out of these 27, we have short-listed the six for immediate implementation," he said.

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