Vizag Port launches Rs 3.33 billion projects

06 Sep 2023 CW Team

Sarbananda Sonowal, Union Minister for Ports, Shipping & Waterways and AYUSH, announced the inauguration of four projects totalling Rs 3.33 billion at the Visakhapatnam port area. He mentioned that the modernisation of ports was underway as part of the Sagarmala program. He emphasised the development of port-centred industries and the provision of international-standard services at the terminals. Pollution control measures had been initiated in Visakhapatnam, including the construction of a covered storage shed, which cost Rs 330.80 million. The shed could accommodate 84,000 tonne of bulk and bagged cargo and featured a mist arrangement for dust suppression to reduce pollution caused by storing dusty cargo.

The revamping of berths, involving an investment of Rs 1.67 billion, aimed to handle vessels with a draft of 14.5 metres or 85,000 DWT vessels. One of these berths, OR-1 berth, was inaugurated on the same day. It had a length of 243 meters and increased capacity by 3.81 MMT. The entire modernisation project was expected to be completed by October the following year.

Sripad Yasso Naik, Union Minister of State for Ports, highlighted that the Visakhapatnam Port Authority (VPA) had established a world-class Truck Parking Terminal spanning 20 acre, with an investment of Rs 360.05 billiob. The terminal was designed to accommodate cargo-bound vehicles entering the port and ensure smooth truck movement. It had the capacity to accommodate 666 vehicles, a 100-bed dormitory, a building with nine shops for services like ATM, vulcanising, spares, and toilets, among other amenities.

Also read:
Power ministry pushes for GST cut on hydropower project components
GMR subsidiary wins Rs 51.23 bn smart meter project in Uttar Pradesh

Infrastructure Urban

04 May 2026

Jyoti Structures FY26 profit rises 56.5%

Jyoti Structures (JSL) recently reported strong financial results for the quarter and year ended 31 March 2026, driven by disciplined execution, cost management and steady progress across its order book.For Q4 FY2025-26, total income rose 44.2 per cent to Rs 2.41 billion from Rs 1.67 billion in Q4 FY2024-25. EBITDA increased 58.6 per cent to Rs 237 million, while EBITDA margin improved by 89 basis points to 9.84 per cent. Profit before tax grew 53.3 per cent to Rs 188.5 million, and net profit rose 51.9 per cent to Rs 181.4 million.For FY2025-26, total income grew 53.1 per cent to Rs 7.72 bill..

Cat BEPU to Power Doppstadt Separator at IFAT 2026

Caterpillar’s Cat Battery Electric Power Unit (BEPU) has been selected by Doppstadt to power its SWS 6 Spiral Shaft Separator, which will be showcased for the first time at IFAT 2026 in Munich, Germany, from 4–7 May.The compact plug-and-play BEPU is designed to replace a diesel engine within the same space, using the same mounting locations and relative machine position. It integrates the battery, motor, inverter, onboard charging, cooling and controls, enabling OEMs to electrify existing chassis platforms without extensive redesign.Caterpillar and Cat dealer Zeppelin Power Systems have be..

VECV sales rise 6.9% in April 2026

VE Commercial Vehicles, a joint venture between Volvo Group and Eicher Motors, recorded sales of 7,318 units in April 2026, compared to 6,846 units in April 2025, registering 6.9 per cent growth. The total included 7,159 units under the Eicher brand and 159 units under the Volvo brand.Eicher branded trucks and buses reported sales of 7,159 units during the month, up 6.6 per cent from 6,717 units in April 2025. In the domestic commercial vehicle market, Eicher sales rose 8.6 per cent to 6,797 units from 6,257 units a year earlier.Exports declined 21.3 per cent, with VECV recording 362 units in ..