EssarPorts, which operates port terminals on the east and west coasts of India, hasrecorded a 25 percent growth in cargo traffic in FY 2016-17.
Tag: Hazira
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Adani to invest Rs 49,000 cr to extend capacity of Gujarat ports
Adani Group Chairman Gautam Adani has announced that his company would invest another Rs 49,000 crore in Gujarat for expanding port capacity, and will set up cement plants. It is also planning a foray in the wind and solar power sectors over the next five years.
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Turnaround time in Indian major ports is a matter of concern
The current cargo handling capacity of Essar Ports is 150 MTPA. Essar Ports specialises in development and operations of ports and terminals for handling liquid, dry bulk, break bulk and general cargo.
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Essar bulk terminal to hike capacity by 20 MT
The Essar bulk terminal at Hazira is all set to expand from the current 30 mtpa to 50 mtpa, up by 67 per cent, by this year end. Company officials say that the terminalĂâs current 550 metre berth will be expanded by a further 1,100 metre. Post completion, the port will have capability of simultaneously handling seven vessels at any point of time.
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Shell bets big on India with its second LNG terminal
Royal Dutch Shell, which set up a 5 million tonne LNG terminal at Hazira in Gujarat nearly a decade back, is targeting to grab a bigger share of the growing demand for imported gas in India.
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Adani Ports opens dry bulk terminal
IndiaĂÂŽs biggest private port operator Adani Ports & Special Economic Zone (APSEZ) opened a new 20 million tonne dry bulk terminal at Tuna Tekra.
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Need for speedy reforms
A holistic development model is required to push the sluggish growth in the ports sector. Looking at the bigger picture, from coal for power & steel plants to crude oil for refineries, ports provide a gateway for the majority of Indian trade.
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Vizag Port gets dedicated berth for coastal cargo
Visakhapatnam Port is planning to develop a dedicated berth for coastal shipping within six months, which will help to save time in handling coastal cargo, according to the Chairman MT Krishna Babu.
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ONGC to invest Rs.5,219 cr for Daman gas project
Oil & Natural Gas Corporation (ONGC) said its board has approved a proposal to invest Rs 5,219 crore to enhance natural gas and condensate production from the Tapti Daman block in the Arabian sea.
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Jawaharlal Nehru Port loses place in top 30 list
For a number of years Jawaharlal Nehru Port (JNPT) lost its 30th rank among the world's container handling ports owing to issues like strong competition from ports such as Mundra, Pipava and Hazira and delay in the developing the fourth container terminal. The London-based ĂâContainerisation InternationalĂâ publishes the list of leading 30 container ports. Until now,
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