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

Allu Arjun’s house in Hyderabad attacked

Activists of Osmania University Joint Action Committee (JAC) stormed and attacked the house of Allu…

8 hours ago

Naval operations: Collector tells officials to work in tandem for success of show

District Collector M N Harendra Prasad has said that all the officials concerned should work…

1 day ago

7 new series & shows on OTT this week – Everyone’s loving these 3!

It's the end of the week which means no work pressure and ample time to…

1 day ago

Araku vs Vanjangi: Which one should you pick for your winter getaway from Visakhapatnam?

Araku Valley and Vanjangi, both the places have their unique fanbases in Visakhapatnam! During winter,…

1 day ago

Where to eat what: 5 localities in Visakhapatnam and their famous foods

Vizag is a paradise for food lovers. Every corner of the city has something special…

1 day ago

9 cosy movies to keep you company in the current rainy weather in Visakhapatnam

Rainy days bring with them the perfect excuse to curl up with a cup of…

1 day ago