finance
Centre approves ₹438.29 crore redevelopment of Berth 9 at New Mangalore Port
The Union ministry has cleared a ₹438.29 crore DBFOT PPP to dismantle and rebuild Berth 9 at New Mangalore Port for handling crude oil, petroleum products and LPG.
Apr 1st 2026 · India
Insights
- Union Ministry of Ports, Shipping and Waterways approved the project.
- Project cost is ₹438.29 crore.
- Work will be implemented on a Public-Private Partnership under the DBFOT model.
- Scope includes dismantling legacy infrastructure and comprehensive redevelopment of Berth 9.
- Redeveloped berth will handle crude oil, petroleum products and LPG at New Mangalore Port, Mangaluru.