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Vishakhapatnam gets private investments for capacity expansion

Fiinews by Fiinews
September 15, 2020
in Investment, Projects
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Mandaviya updates Rajya Sabha on port projects

Visakhapatnam Port Trust (VPT) is deepening of channels and expanding berths as part of its plans involving private sector investments as well as investments from internal resources,

With the completion of ongoing capacity addition projects, the VPT capacity is projected to be 141.64 million tonnes by FY 2023, from the current 126.89 million tonnes, Minister of State for Shipping Mansukh Mandaviya said in a written reply in the Rajya Sabha on 14 Sept 2020.

Updating the house, he underlined the Government’s efforts in expanding and modernizing major ports such as the construction of new berths and terminals, mechanization of existing berths and terminals, dredging for deepening of drafts for attracting large vessels in port channels, development of road and rail connectivity among others.

As a result of these projects, the cargo handling capacity of the major ports has gone up to 1,534.91 Million Tonnes Per Annum (MTPA) as on 31 March 2020.

The Minister listed the projects:

Design, Build, Finance, Operate and Transfer (DBFOT):

Mechanization of coal handling facilities and upgradation of GCB in OH to cater 200,000 DWT vessels – capacity: 10.18 MMTA; cost Rs.444.10 crore.

Development of EQ1 berth by replacing the Existing EQ1 berth and part of EQ2 berth for handling Steam coal – capacity 6.41 MMTA; cost Rs.323.18 crore.

Development of WQ-6 berth for Liquid Cargo Terminal in the inner harbour – capacity 2.09 MMTA; cost Rs.114.50 crore.

Development of EQ-10 berth in IH for handling liquid cargo & chemicals on DBFOT – capacity 1.84 MMTA; cost Rs.55.38 crore.

Upgradation of the existing mechanized facility in the Outer Harbour for Iron Ore handling – capacity 16.20 MMTA; cost Rs.580.89 crore.

Extension of the existing container terminal (DBFOT) (Progressing) – capacity 9.50 MMTA; cost Rs.633.11 crore.

Port berths:

Development of Green channel berth in the North Western arm of IH by Port – capacity 1.66 MMTA; cost Rs.45.30 crore.

Ph-III Dredging – cost Rs.280.00 crore.

Strengthening of existing EQ-7 berth in the northern arm of IH to cater 14 mtrs draft vessels – cost Rs.16.50 crore.

Development of WQ-7 & WQ-8 berths in the inner harbour by Port – capacity 6.39 MMTA; cost Rs.243.23 crore.

Conversion of EQ-2 to 5 berths in the inner harbour into two new quay berths – capacity 6.45 MMPA; cost Rs.181.73 crore.

Development of additional oil handling facility along with OR-1 and OR-2 in the inner harbour (Progressing) – capacity 5.25 MTPA; cost Rs.168.00 crore.

Other connectivity / Logistics

Establishment of Container Freight Stations (CFS) Ph-I by existing BoT Operator M/s. VCTPL – cost Rs.162.21 crore.

Development of Multi Modal Logistic hub Ph-II of M/s. CONCOR – cost Rs.372.00 crore.

Ph-II connectivity of Vizag Port to NH-16 to 4-lane (4 kms) – cost Rs.76.94 crore.

Installation of 10 MW Solar Power Projects – cost Rs.70.00 crore.

MMLH by VPT and Balmer Lawrie & Co (JV) – cost Rs.211.00 crore.

Restoration / Rehabilitation of breasting and mooring dolphin of offshore tanker terminal (OSTT) at Outer harbour – cost Rs.20.67 crore.

Installation of RFID Gate Management system Rs.6.94 crore.

Installation of mobile container scanner (Progressing) – cost Rs.29.68 crore.

Construction of Grade separator from H7 area to PCR (Progressing) – cost Rs.59.91 crore.

#projects #investments #ports #developments #tenders #dredging #infrastructure /fiinews.com

Tags: Ministry of Shipping
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