Funds can be sought from Sagarmala Development Company for implementation of projects that are aligned to the objectives of Sagarmala Programme:
a. Port Modernization: Improvement of infrastructure at existing ports to augment capacity and improvement efficiencies and development of new ports
b. Port Connectivity: Enhancement of connectivity to Indian ports through improved infrastructure of roads and rails, Development of inland waterways, pipelines and multi-modal logistics hubs
c. Port-led Industrialization: Setting up of industrial clusters and manufacturing facilities in proximity to the ports to reduce EXIM costs and generate employment
d. Coastal Community Development: For improving the livelihood of community along the coastlines initiatives including skill development, development of fishing harbors and promoting coastal tourism. Project proponents that want to submit proposal for financial assistance by SDCL, may be required to provide project documents (Detailed Project Report) with financial analysis duly approved by the competent appraising and administrative authorities. The equity contribution from SDCL in any project SPV will be decided based on the project DPR and financial due diligence and will generally not exceed 49 % of the project equity. Detailed Project Report of the project should contain the information mentioned in the Generic Structure as discussed in the funding guideline
Project proponents that want to submit the proposal for financial assistance by SDCL, may do so
