Visakhapatnam Port Trust to ramp up cargo handling capacity
PORTS & SHIPPING

Visakhapatnam Port Trust to ramp up cargo handling capacity

The Visakhapatnam Port Trust is set to increase cargo handling capacity two folds. The modernisation of the three cargo berths of Visakhapatnam Port Trust will begin in two months and will increase the handling capacity for the port from 2.5 million tonne (mt) to 4.5 mt.

Despite the pandemic, port chairman K Ramamohana Rao claims that cargo operations increased by 9% until August this year compared to the previous year. According to him, thermal coal grew by 125%, steam coal by 65%, containers by 8%, and coking coal by 6%.

This year, the VPT was ranked fourth among major ports in terms of cargo handling.

To facilitate the handling of multi-cargo such as manganese, coking coal, gypsum, bauxite, and cargos other than iron ore, the modernization of west quay berths 7 and 8 will be undertaken on a PPP basis for Rs 288.47 crore.

For Rs 190 crore, East Quay Berth 7 will be fully mechanised and will handle fertiliser and multi-cargo.

The construction of roads, drains, and cover sheds are part of a Rs 1,000 crore port modernisation and infrastructure project.

The cargo that will be shifted from the ship for which stacker cum reclaimer machines are installed will be stored in a 50-acre staking yard facility.

A full-length rail rake will be used to load the cargo. This will enable them to charge lower handling fees than Vedanta and VSPL, allowing the port trust to handle more cargo.

The government wants the berth to be referred to the standing finance committee after West Quay MultiPort Private Limited, which was given the west quay 6 berths under PPP, abandoned it.

In October, tenders will be called for the construction of covered storage with necessary drains, road, and water supply at Rs 36.38 crore. The road network will be modernised, and a road from Sea Horse Junction to the dockyard will be built as part of it.

The National Highways Authority of India (NHAI) will construct an overbridge for Rs 250 crore as part of the project. With Rs 200 crore, fully covered iron ore sheds will be built.

Image Source


Also read: JNPT registers a y-o-y growth of over 21% in cargo handling in 2021

The Visakhapatnam Port Trust is set to increase cargo handling capacity two folds. The modernisation of the three cargo berths of Visakhapatnam Port Trust will begin in two months and will increase the handling capacity for the port from 2.5 million tonne (mt) to 4.5 mt. Despite the pandemic, port chairman K Ramamohana Rao claims that cargo operations increased by 9% until August this year compared to the previous year. According to him, thermal coal grew by 125%, steam coal by 65%, containers by 8%, and coking coal by 6%. This year, the VPT was ranked fourth among major ports in terms of cargo handling. To facilitate the handling of multi-cargo such as manganese, coking coal, gypsum, bauxite, and cargos other than iron ore, the modernization of west quay berths 7 and 8 will be undertaken on a PPP basis for Rs 288.47 crore. For Rs 190 crore, East Quay Berth 7 will be fully mechanised and will handle fertiliser and multi-cargo. The construction of roads, drains, and cover sheds are part of a Rs 1,000 crore port modernisation and infrastructure project. The cargo that will be shifted from the ship for which stacker cum reclaimer machines are installed will be stored in a 50-acre staking yard facility. A full-length rail rake will be used to load the cargo. This will enable them to charge lower handling fees than Vedanta and VSPL, allowing the port trust to handle more cargo. The government wants the berth to be referred to the standing finance committee after West Quay MultiPort Private Limited, which was given the west quay 6 berths under PPP, abandoned it. In October, tenders will be called for the construction of covered storage with necessary drains, road, and water supply at Rs 36.38 crore. The road network will be modernised, and a road from Sea Horse Junction to the dockyard will be built as part of it. The National Highways Authority of India (NHAI) will construct an overbridge for Rs 250 crore as part of the project. With Rs 200 crore, fully covered iron ore sheds will be built. Image Source Also read: JNPT registers a y-o-y growth of over 21% in cargo handling in 2021

Next Story
Infrastructure Urban

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Next Story
Infrastructure Energy

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Next Story
Infrastructure Urban

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement