Visakhapatnam Port Invests on Expansion Projects

The Vizag Port is going to invest Rs. 450 crore for the development of expansion projects including the development of a multi-cargo. The Minister of Shipping, Mr. Nitin Gadkari inaugurated many such development projects on his visit to the port.

 

He inaugurated a Container Freight station of one lakh TEU capacity which is being developed at a cost of Rs.104 crore on an area of 34 acres. He inaugurated the commissioning of 6.35 MV out of 10MW solar power plant. The power generated by the plant will meet the consumption of the port and the excess power is proposed to be sold by the third party agreements, as informed by the Ministry.

 

 

A liquid cargo berth developed on Private Sector participation at a cost of Rs. 55.38 crore was also inaugurated. The minister also reviewed the progress of two berths which is under construction.

This post was last modified on 22/08/2016 9:17 am

Leave a Comment

Recent Posts

Indian Railways to double train capacity in Vizag, Bhubaneswar, & Puri by 2030

The East Coast Railway (ECoR) has unveiled the beginning of an ambitious project to double…

19 minutes ago

One dies as two coaches of train catch fire

One person was charred to death when two coaches of the Train No 18189 Tatanagar…

2 hours ago

2025: big-budget movies bomb at box office

Except for Sankrantiki Vasthunnam, no other movie touched the Rs 300 crore gross mark in…

3 hours ago

“Namaste Indian Army” BTS V hints India tour, ARMY in frenzy

On December 27, during a Weverse live, BTS's V, also known as Kim Tae-hyung, almost…

21 hours ago

Ensure better facilities at tourist spots, Pranav Gopal directs officials

M V Pranav Gopal, Chairman of VMRDA, has directed the officials to ensure better facilities…

2 days ago

2025: an eventful year for Vizag

Visakhapatnam, the most happening city in Andhra Pradesh after bifurcation, saw a significant development project…

2 days ago