Question
Download Solution PDFWhich of the following statements are correct about the Sea Ports in the State of Andhra Pradesh?
I. GOAP has recently declared Krishnapatnam Port as a Major Port.
II. Kakinada SEZ Port is being converted from captive port to commercial port through Swiss Challenge Approach.
III. GOAP has declared Nakkapalli Port as a Minor Port.
IV. Vodarevu Port is being developed on Build, Own, Operate and Transfer (BOOT) basis.
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFKey Points
- Kakinada SEZ Port is being converted from a captive port to a commercial port through the Swiss Challenge Approach.
- Nakkapalli Port has been declared as a Minor Port by the Government of Andhra Pradesh (GOAP).
- Vodarevu Port is being developed on a Build, Own, Operate and Transfer (BOOT) basis.
- The information regarding Krishnapatnam Port being declared as a Major Port by GOAP is incorrect.
Additional Information
- Swiss Challenge Approach
- It is a method of project development and procurement that allows a private sector entity to propose a project, and then invites third parties to match or exceed the proposal.
- If no better proposal is received, the original proponent is awarded the project.
- Build, Own, Operate and Transfer (BOOT)
- BOOT is a form of project financing, wherein a private entity receives a concession from the public sector to finance, design, construct, and operate a facility stated in the concession contract.
- Ownership of the facility is transferred back to the public sector after a specified concession period.
- Major and Minor Ports
- In India, ports are categorized as Major and Minor based on their importance and volume of trade they handle.
- Major Ports are typically under the jurisdiction of the central government, while Minor Ports are managed by state governments.
Last updated on Jun 18, 2025
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