What is the objective of the Sagarmala Development Company Limited?

The following are the Objectives of the Sagarmala Development Company Limited:

  • Develop & formulate projects emanating from the National Perspective Plan (NPP) of Sagarmala
  • Assist project SPVs set up by Central Line Ministries / State Governments/State Maritime Boards/Ports etc. for projects in alignment with Sagarmala objectives
  • Provide funding window for residual projects that cannot be funded by any other means/mode
  • Prepare the Detailed Master Plans for the Coastal Economic Zones (CEZs) identified as part of the National Perspective Plan
  • Raise funds from multi-lateral and bilateral agencies as debt/equity (as long term capital), as per the project requirements

For more information,Click here