NEW DELHI: State-owned trading firm MSTC has proposed to
set up an integrated ship recycling yard under the Public Private Partnership
route at Alang in Gujarat.
"The project can bring in substantial revenue for the
government in the form of taxes and levies on the real value of goods as
recorded in the e-commerce transactions," MSTC, which is under the
administrative control of Steel Ministry, has said in its proposal.
It will also ensure that steel and allied products from the
shipbreaking are sold through transparent and fair transactions, the proposal
said.
MSTC suggested that "ship recyclers could avail the
services of MSTC for disposal of various scrap material and e-waste through
e-auction for safe handling and better price discovery", evincing interest
in setting up the project at Alang.
A Steel Ministry panel, headed by its Additional Secretary
and Financial Adviser, Vinod Kumar Thakral, has suggested MSTC contact Gujarat
Maritime Board (GMB) or the state government with the proposal.
Alang houses one of Asia's largest ship breaking yards. It
produces 3.5 million tonne of re-rollable steel per year and employs around
50,000 people.
Alang yard has 167 plots developed on 10 km long coast. It
has a breaking capacity of 4 million tonne per annum. The Gujarat Maritime
Board regulates the ship breaking activities there.
As many as 1,514 ships were received for breaking up at the
Alang yard between 2009-10 and 2012-13, compared to less than 200 ships at
Mumbai and Kerala yards.
Source: economic times. 18 November 2013
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