13-07-2018

India: Gadkari to inaugurate Rs. 830-crore iron ore handling complex at Vizag port today

Shipping Minister Nitin Gadkari will dedicate to the nation on Friday India’s largest 24 mtpa iron ore handling complex at the Visakhapatnam port,

According to a press release, the Rs. 830 crore complex, built by Essar Vizag Terminal Ltd (EVTL), will have the fastest vessel turnaround time of 120,000 tonnes per day, thanks to its advanced cargo handling equipment.

With a berth length of 325 metres, the complex can receive super capesize vessels up to 200,000 DWT, with a depth of 20 metre, at the outer harbour.

The cargo handling equipment at the complex include: a 27 tips/hour twin-tippler, a 30 tips/hour rotary tippler, two 2,700 TPH (tonnes per hour) stackers, two 4,000 TPH reclaimers and an 8,000 TPH ship-loader.

Special emphasis was given to make the complex environment-friendly. Adopting the global best practices in mechanisation and sustainable environment protection has significantly reduced dust emission and spillage, improving the working conditions of the port. EVTL has also strengthened the 9.5-km conveyor network and upgraded to PLC automation, which will enable record cargo handling, adds the release.

EVTL took over the project in 2015 on a design-build-finance-operate-transfer (DBFOT) basis for 30 years from Visakhapatnam Port Trust. “The Vizag iron ore handling complex is a facility that is truly a national asset. We are committed to realising the government’s vision of port-led development,” said Prashant Ruia, Director, Essar.

“The project will help exporters on the East Coast benefit from shorter turnaround time and reduced freight costs. The facility will support both export and coastal traffic, furthering the vision of the Sagarmala initiative,” added Rajiv Agarwal, Managing Director, Essar Ports Ltd.

“We are now aiming to become the port of choice for exporters in the region.” said Ch Satyanand, CEO, Essar Vizag Terminals Ltd.

Source: The Hindu Business Line

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