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: mechanised cargo
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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 berthsĂâ 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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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