Deep-sea mining prospects in the Indian Ocean. ISA.

[Indian] Cabinet approves Rs 1600 crore for Ocean programme

Kalyan Ray | 29 August 2018

The Union Cabinet on Wednesday approved a Rs 1,600-crore programme to harness ocean resources and keep an eye on coastal pollution.

Under the Rs 1,623 crore Ocean Services, Technology, Observations, Resources Modelling and Science (O-SMART) programmme the Ministry of Earth Sciences would undertake 16 projects in the next two years to mine ocean resources in a sustainable manner, improving the services to fishermen and purchase of two coastal research vessels.

The programme would also include setting up an ocean thermal energy conversion plant at Kavaratti and six desalination plant units at Lakshadweep islands.

Read the full article here: Cabinet approves Rs 1600 crore for Ocean programme.