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India Extends Port Green Clearance to 20 Years, Boosting Long-Term Projects

The Indian government has doubled the validity of environmental clearances for ports, harbours, breakwaters, and dredging projects from 10 to 20 years. This extension is designed to facilitate long-term port development and investment, aligning with India's goal of achieving a 10,000 MMTPA capacity by 2047. Existing projects with active clearances also benefit from this change, potentially allowing for further extensions under certain safeguards. This move is significant for ongoing and future infrastructure projects, providing a stable regulatory environment for investors and developers. For more detailed information, refer to the official publication.

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