Home » iron ore berths

Tag: iron ore berths

Post
Vizag Port awaits court order to sign agreement with Essar

Vizag Port awaits court order to sign agreement with Essar

Essar Ports, through its wholly-owned subsidiary Vadinar Oil Terminal Ltd, has emerged as the highest bidder for mechanisation and operation of three iron ore berths with a combined capacity of 23 MMTPA (million tonnes per annum) at Visakhapatnam Port on BOT basis for a concession period of 30 years.

Post
Essar to set up 3 iron ore berths in Vizag at Rs 1,000-cr

Essar to set up 3 iron ore berths in Vizag at Rs 1,000-cr

India's second largest private port operator, Essar Ports is looking to secure finances of about Rs 700 crore for developing three iron ore berths at the Visakhapatnam port in the next 6 months. In June, the company had won the bid for mechanisation and operation of three iron ore berths at Visakhapatnam Port, which will have a combined capacity of 23 million tonne per annum (MTPA). The total project cost is estimated to be about Rs 1,000 crore, said Essar Ports' Managing Director Rajiv Agarwal.