Wednesday, December 3, 2025
  • Home
  • About us
  • Privacy policy
  • Advertise with us
  • Contact us
Fii News Logo
No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Newsletter
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Fiinews
No Result
View All Result
Home Investment

Vishakhapatnam gets private investments for capacity expansion

Fiinews by Fiinews
September 15, 2020
in Investment, Projects
Reading Time: 3 mins read
A A
0
Visakhapatnam Port Trust
0
SHARES
10
VIEWS
LinkedinShare on Twitter

Mandaviya updates Rajya Sabha on port projects

Visakhapatnam Port Trust (VPT) is deepening of channels and expanding berths as part of its plans involving private sector investments as well as investments from internal resources,

With the completion of ongoing capacity addition projects, the VPT capacity is projected to be 141.64 million tonnes by FY 2023, from the current 126.89 million tonnes, Minister of State for Shipping Mansukh Mandaviya said in a written reply in the Rajya Sabha on 14 Sept 2020.

Updating the house, he underlined the Government’s efforts in expanding and modernizing major ports such as the construction of new berths and terminals, mechanization of existing berths and terminals, dredging for deepening of drafts for attracting large vessels in port channels, development of road and rail connectivity among others.

As a result of these projects, the cargo handling capacity of the major ports has gone up to 1,534.91 Million Tonnes Per Annum (MTPA) as on 31 March 2020.

The Minister listed the projects:

Design, Build, Finance, Operate and Transfer (DBFOT):

Mechanization of coal handling facilities and upgradation of GCB in OH to cater 200,000 DWT vessels – capacity: 10.18 MMTA; cost Rs.444.10 crore.

Development of EQ1 berth by replacing the Existing EQ1 berth and part of EQ2 berth for handling Steam coal – capacity 6.41 MMTA; cost Rs.323.18 crore.

Development of WQ-6 berth for Liquid Cargo Terminal in the inner harbour – capacity 2.09 MMTA; cost Rs.114.50 crore.

Development of EQ-10 berth in IH for handling liquid cargo & chemicals on DBFOT – capacity 1.84 MMTA; cost Rs.55.38 crore.

Upgradation of the existing mechanized facility in the Outer Harbour for Iron Ore handling – capacity 16.20 MMTA; cost Rs.580.89 crore.

Extension of the existing container terminal (DBFOT) (Progressing) – capacity 9.50 MMTA; cost Rs.633.11 crore.

Port berths:

Development of Green channel berth in the North Western arm of IH by Port – capacity 1.66 MMTA; cost Rs.45.30 crore.

Ph-III Dredging – cost Rs.280.00 crore.

Strengthening of existing EQ-7 berth in the northern arm of IH to cater 14 mtrs draft vessels – cost Rs.16.50 crore.

Development of WQ-7 & WQ-8 berths in the inner harbour by Port – capacity 6.39 MMTA; cost Rs.243.23 crore.

Conversion of EQ-2 to 5 berths in the inner harbour into two new quay berths – capacity 6.45 MMPA; cost Rs.181.73 crore.

Development of additional oil handling facility along with OR-1 and OR-2 in the inner harbour (Progressing) – capacity 5.25 MTPA; cost Rs.168.00 crore.

Other connectivity / Logistics

Establishment of Container Freight Stations (CFS) Ph-I by existing BoT Operator M/s. VCTPL – cost Rs.162.21 crore.

Development of Multi Modal Logistic hub Ph-II of M/s. CONCOR – cost Rs.372.00 crore.

Ph-II connectivity of Vizag Port to NH-16 to 4-lane (4 kms) – cost Rs.76.94 crore.

Installation of 10 MW Solar Power Projects – cost Rs.70.00 crore.

MMLH by VPT and Balmer Lawrie & Co (JV) – cost Rs.211.00 crore.

Restoration / Rehabilitation of breasting and mooring dolphin of offshore tanker terminal (OSTT) at Outer harbour – cost Rs.20.67 crore.

Installation of RFID Gate Management system Rs.6.94 crore.

Installation of mobile container scanner (Progressing) – cost Rs.29.68 crore.

Construction of Grade separator from H7 area to PCR (Progressing) – cost Rs.59.91 crore.

#projects #investments #ports #developments #tenders #dredging #infrastructure /fiinews.com

Tags: Ministry of Shipping
ShareTweetShare

Related Posts

PHDCCI
Investment

Invest: Growth boosted by policy reforms

by Fiinews
December 3, 2025
0
12

Strong domestic demand-consumption led economic growth India’s economy has continued to develop steadily, with the real GDP increased by 8.2%;...

PIB
Projects

Project: MDL delivers INS Taragiri to Navy

by Fiinews
November 30, 2025
0
14

Latest frigates reflect generational leap in indigenous ship design Taragiri (Yard 12653), the fourth ship of Nilgiri Class (Project 17A)...

NDB2025

Invest: India committed to clean energy

November 30, 2025
19
PIB

Project: US to support India Navy’s MH60R fleet

November 30, 2025
16
Patel Engineering

Project: Delay-hit hydro energy in progress mode

November 29, 2025
17
Odido

Project: Wipro to transform Odido IT landscape

November 29, 2025
16
SBI YONO
Sabit

POPULAR NEWS

  • Cristina Dnv

    Projects: Indian yards set to build green ships, says DNV expert

    0 shares
    Share 0 Tweet 0
  • Market: Indian-origin UGF scales heritage consumer brands globally

    0 shares
    Share 0 Tweet 0
  • Technologies: Royal Diamond sponsors aerspace Industries’ drones in UAE

    0 shares
    Share 0 Tweet 0
  • Investments: Foreign investors see India as long-term destination for fund placings

    0 shares
    Share 0 Tweet 0
  • Markets: Blue Dart maintains positive outlook on India

    0 shares
    Share 0 Tweet 0

Fiinews.com features through news articles on business opportunities in the Indian market for the benefits of foreigners. It is also a platform for international businesses to showcase through elaborate articles on their products & services to the Indian consumers and corporations exploiting industrialisation of the country.

7Clicks Media is a Singapore based Media & PR company offering over 100,000
impressions via our targeted communication strategy.

It is led by editor-in-chief Gurdip Singh who has worked over 45 years reporting on
Asian businesses.

Recent News

  • Tech: DPIIT recognises 197,692 startups
  • Export: Market diversification strategy formulated
  • Market: Automoto platform for used-car ecosystem
  • Market: Turner to have sharper focus on India
  • Tech: UST-Microsoft-GitHub integrates operations

Pages

  • About US
  • ADVERTISE ON FIINEWS.COM
  • CONTACT US
  • EVENTS
  • FII-NEWS.COM PDF ARCHIVE
  • Home
  • News
  • PRIVACY POLICY

Subscribe to Newsletter

  • About
  • Advertise
  • Careers
  • Contact us

© 2024 FIINEWS - Design and developed by 7clicksmedia.

No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports

© 2024 FIINEWS - Design and developed by 7clicksmedia.