Visakhapatnam Port Trust received a notice from the Andhra Pradesh High Court, which is hearing a petition filed by the workers union against the port's plan to rope in a private party for modernisation and upgradation of facilities at the ore handling complex (OHC). It may be noted that the port invited global tenders for the project, which it intends to implement on design, build
Tag: ABG-LDA Bulk Handling
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Vizag port did not get bids for WQ berths project
Private players have not shown interest in bidding for the WQ North berthsĆā improvement project, which Visakhapatnam Port Trust plans to implement. The port trust did not receive bids for the WQ 7 and 8 berth mechanization under WQ North project when the bids were opened. The port authority wanted to implement the project at a cost of Rs 393 crore. Vedanta and Essar would be main contenders for mech
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Vizag Agriport awaits award of Rs 217.58 cr project
Vizag Agriport hopes to secure the Rs 217.58 crore fertiliser terminal mechanisation project from the Visakhapatnam Port Trust (VPT) by March. VPT signed a 30-year concession agreement with
Vizag Agriport in May last year for mechanisation of East Quay 7 on design, build, finance, operate and transfer basis. It may be recalled that the Vizag Agriport, a 74:26 joint venture between ABG-LDA Bulk Handling and IL&FS Mari
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ABG-LDA ties up fund for berth project
ABG-LDA Bulk Handling said it achieved financial closure for the Rs 310 crore mechanized fertiliser berth project at the Visakhapatnam port. A consortium of four banks headed by the SBH has funded the project which would vastly improve the operational efficiency and reduce pollution at the port, as it would obviate the need for multiple handling. The company aims
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VPT ties up with Vizag Agriport
The Visakhapatnam Port Trust (VPT) signed a concession agreement with the Vizag Agriport, a special purpose vehicle formed by the ABG-LDA Bulk Handling, Mumbai,
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VPT ties up with Vizag Agriport
The Visakhapatnam Port Trust (VPT) signed a concession agreement with the Vizag Agriport, a special purpose vehicle formed by the ABG-LDA Bulk Handling, Mumbai,