Gangavaram Port has contributed Rs 15.40 lakhs for undertaking developmental works in Gangavaram village. The Gangavaram Port management has contributed the amount under its Corporate Social Responsibility program with an objective to bring about growth and support the welfare of the local people.
Ongoing protests supporting united Andhra Pradesh affected the Gangavaram port operations on August 22. Agitators of 'Samaikyandhra', led by Minister for Infrastructure, Investment and Ports, Ganta Srinivasa Rao, Gajuwaka MLA Chintalpudi Venkataramaiah asked the Gangavaram Port to close its operations in expression of solidarity with the ongoing movement for keeping the State united.
To handle capsize vessels up to 2,00,000 deadweight tonnage (DWT) Gangavaram Port will have an additional fully mechanised coal terminal. Adding of the coal terminal is part of the port's Rs 1,200 crore ongoing expansion. The expansion project, under which four berths are now at various stages of construction along with support infrastructure, will be ready in March 2014.
Under its ongoing expansion programme, Gangavaram Port will be provided an additional fully mechanised coal terminal to handle capsize vessels upto 2,00,000 deadweight tonnage (DWT). The expansion project will be ready in March 2014. Under the project, four berths are now at various stages of construction along with support infrastructure.
Cargo volume at Gangavaram port rose 40 per cent to 4.2 million tonne in Apr-Jun 2013 compared to 3 million tonne in the year-ago period. Over 85 per cent of the cargo handled by the port is coal, while the remaining were limestone, timber, fertilisers and other items, reports indicate. During 2013-14, the port expects to handle over 15 million tonne cargo compared to 13.09 million tonne in the previous year
The hike in export duty on iron ore, increase in railway freight rates for export cargo of ore and the ban on illegal ore mining affected exports of the raw material. Gangavaram Port exported only 271,000 tonne this year as against 2.1 million tonne last fiscal. Other ports in Andhra Pradesh Visakhapatnam and Kakinada deep water ports lost 30 per cent in iron ore cargo traffic during 2012-13. In 2011-12, Kakinada Port
Andhra Pradesh government is taking steps to evolve a time-bound action plan to implement the Rs 4,500-crore LNG terminal project at Gangavaram Port. The proposed terminal, which is being jointly set up by the Gangavaram Port, and the Petronet LNG, will have an initial capacity of 5 million tonne per year. Work on th