For development and operation of three iron ore berths at Visakhapatnam Port, the Essar Vizag Terminals has entered into an agreement with the Visakhapatnam Port Trust. It is to invest Rs 1,200 crore in the project and to be developed on a build-own-operate basis over 30 years. With a combined capacity of 23 million tonne the three berths (two outer harbour berths and one inner) will have a combined capacity of 23 million tonne per year.
FlashNews:
InfraPandit Awards to Honour Doctoral Excellence in Infrastructure
REC Wins Leading CSR and Sustainability Award for Healthcare Support
HAL Set to Enter New Global Space Race with SSLV Contract Win
Multimodal Logistics: Optimising Assets, Strengthening Supply Chains
Gadkari Announces FASTag Annual Pass to Ease Private Vehicle Movement from Independence Day
Air India 171 Crash: A Definitive Inflection Point for Indian Aviation
REC Reports Strong Profit Growth
GAIL Reports Record Profit Surge
India Calls for Inclusive Energy Governance at BRICS Meet
Mumbai-Ahmedabad Bullet Train’s 300 km Viaduct Milestone
India Revokes Security Clearance to Turkish Firm Çelebi
Major Ports Handle Record Cargo Throughput in FY2025
India Committed to Unlocking Energy Potential: Puri
Gaganyaan Scheduled for 2027 Launch
Defence Budget Set for Rs.500 Billion Top-up
Operation Sindoor: The Indigenous Edge
Securing India’s New Crown Jewels
Logistics parks, multimodal cargo hubs poised for rapid growth
India is ready to build for the world!
Home » Essar Ports to invest in Vizag port
Essar Ports to invest in Vizag port
Ports & Shipping
January 1, 2014January 1, 2014

Leave a Reply
You must be logged in to post a comment.