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IIFCL has approved loans totaling Rs 82.44 billion to develop 20 ports

5 of India's 12 main ports have been developed by IIFCL.

Essar Ports Vizag Terminal held largest dry bulk vessel

The terminal loaded 1,65,000 MT of iron ore on M V Star Eleni vessel

Vizag Port to commence cruise, cargo terminal works

Vizag Port will take up the construction of a cruise and coastal cargo terminal worth Rs 770 mn in the coming months, with financial assistance from the Centre. The Ministry of Tourism has reportedly agreed to bear half the cost needed for the project as a grant.

Projects worth over Rs.10 bn launched in Vizag

At Visakhapatnam, the project launch included an upgradation of existing iron ore handling facility at Vizag Port at Rs 5.80 bn involving modernising and upgrading the old iron ore handling facility to handle larger vessels.

Essar Port to complete Rs 830 crore expansion at Vizag terminal

The Vizag port run by the Essar Group will reportedly be shutting its operation for a week prior to the commissioning of a new 8,000-tonne per hour ship loader. As per reports, the commissioning of the ship loader is part of the port's Rs 830 -crore modernisation and expansion project.

Vizag Port to run on solar power soon

Vizag Port in Andhra Pradesh is set to run its entire operations on solar power soon. Visakhapatnam Port Trust (VPT)

Vizag port expects rise in cargo handling

Vizag Port expects to handle more than 15 mn tonne coking and steam coal in the next financial year. Once its new facility starts operations, the port can handle 75,000 tonne coal a day and will also attract larger vessels.

HPCL's Vizag SPM berth to save Rs 180 cr annually

The newly commissioned single point mooring (SPM) berth at Visakhapatnam port may save over Rs 180 crore annually for the public sector refinery Hindustan Petroleum Corporation Ltd (HPCL).

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