(THE NEWSMAN OF INDIA.COM)
IWAI signs 13 MoUs for fairway development in National Waterways, multi-modal connectivity, inland vessel operations, repair & maintenance of inland vessels, civil works, e-initiatives, training, cruise services, etc. IWAI signs MoUs worth more than Rs 400 crore.

Also A Memorandum of Understanding is signed between IWAI and MOL (Asia Oceania) Pte. Ltd for transportation of LPG (Liquified Natural Gas) through barges on National Waterways-1 and National Waterways-2, in the presence of Minister of Ports, Shipping and Waterways Mansukh Mandaviya.

Inland Waterways Authority of India will provide support for Facilitating with adequate fairway. Handling of LPG cargo on IWAI terminals/ Multimodal Terminals at Haldia, Sahibganj and Varanasi as per notified provisions and rates on request of MOL.Providing Lease Available Depth (LAD) information on fortnightly/ monthly basis.

MOL Group is the world’s largest gas carrier company and will invest for construction and operation of dedicated LPG barges under Make-in-India initiative of the Government of India. Aegis Group proposed investments for setting up storage terminals, dedicated pipelines between jetty to the terminal and necessary infrastructure at jetty for evacuation of products from barges.