Vizag port in APis set to run its entire operations on solar power from March, its chairman MT Krishna Babu said. Visakhapatnam Port Trust has commissioned 2 MW solar capacity and will add another 8 MW by March 20, he said.
A lot of optimism has set in with 100 per cent FDI inflow, the Sagarmala Project, greater thrust on PPP projects, and the Â´Make in IndiaÂ´ initiative. The Indian ports and shipping industry plays a vital role in sustaining growth of the countryÂ´s
The Container Corporation of India (CONCOR) has taken up work on the multimodal logistics park being built in Visakhapatnam at a cost of Rs 350 crore and the commercial operations in the first phase may begin by the end of March or April, according to R Dhananjayulu, the Group General Manager.
Despite the Visakhapatnam Port witnessing a three-fold jump in container cargo during the last five years, the project in the port to double the capacity of the container terminal is yet to take off as the Visakhapatnam Port Trust (VPT) is yet to take a decision on the issue.