Shri.Vasan said that in due course of time IWAI would develop more such inter-modal transportation hubs with rail and road connectivity for movement of not only the coal but also for other bulk cargo like coal, fertilizers, foodgrains etc. This additional supply of coal through inland waterways, an eco-friendly, economical and fuel efficient mode of transport, will augment coal supply to NTPC Power Plant at Farakka enabling increased power generation and employment opportunities.
The minister expressed happiness that for the first time in the country a private entrepreneur has made a substantiate investment in the IWT development. Jindal ITF Ltd has invested about Rs. 500 crore for transshipper at Sandheads, 23 coal carrying barges, inland water terminal at Farakka with state-of-art coal unloading cranes and a conveyor belt system. The operator, Jindal ITF Ltd. will transport minimum three (3) million tonnes of coal per annum for seven years.
Speaking on the occasion the Secretary, Ministry of Shipping, Shri Vishwapati Trivedi said that this project has been set overcoming great difficulties. He emphasized on the importance of further developing the riverain ports of the region. Shri Amitabh Verma, Chairman, IWAI, Shri R.P.S. Kahlon, Chairman, KoPT and other senior officials also participated in the function.
Kolkata being a transportation hub on the Ganga, the new terminal would serve states of Uttar Pradesh, Bihar, West Bengal and the North-Eastern Region. The construction of this RCC Inland Waterways Terminal (IWT) terminal was taken up in Kolkatta Port Trust area at a cost of about Rs. 38 crore and it will give a fillip to inland navigation in the region.
This is the first project for bulk movement of coal through National Waterways. It is also the first time when a private entrepreneur has made a substantiate investment in the IWT development for in the country. A conveyor belt system from the jetty on National Waterway-1 to the coal stockyard of NTPC power plant was also set up at Farakka.
The Inland Water Transport is economical, environmental friendly and is most suitable for bulk cargo movement. IWAI is developing first 3 National Waterways namely NW-1 (on the Ganga), NW-2 (Brahmaputra) and NW-3 (on the West Coast Canal system) for shipping and navigation by providing navigational channel with targeted depth and width for most part of the year. Intermodal connectivity with rail and road has also been planned for selected locations depending on the hinterland cargo projections. The infrastructure so far created will be further developed if any other specific projects targeting large quantity of bulk goods like steel, cement, jute, fertilizers, and foodgrains etc. are identified and committed for transportation on National Waterways.
At present 10 Thermal Power Stations are operational in the proximity of National Waterway – 1. Another 11 are expected to come up along the NW-1 in the next 5 to 8 years with the total installed capacity of 15000 MW. National Waterway – 1 is fully ready to cater to the transportation needs of NTPC, and other industrial units for transportation of bulk cargo required for the plants located on the banks of the Ganga. Inland Waterways also has potential to create of employment opportunities for people in the vicinity of waterways.