Ahmedabad, Mar, 22 (EPC News): India’s largest private multi-port operator and subsidiary of Adani Enterprises, Mundra Port and Special Economic Zone (MPSEZ) has won a bid to develop a coal import terminal at Vishakhapatnam. MPSEZ has been selected by the Vishakhapatnam Port Trust through a competitive bidding process to design, build, finance, operate and transfer Berth East Quay – 1.
The Berth East Quay - 1 will be designed to handle imported coal volume of approx. 6.5 million metric tonnes per annum. The company plans to build and commission the terminal within 24 months.
Says Gautam Adani, Chairman of Adani Group, “Mundra Port remains committed towards setting up of world class port infrastructure and facilities in India. The contract to set up the berth on the Vishakhapatnam Port marks our entry on the east coast. This is in line with our objective of having pan India presence.”
The terminal, which will be built at cost of Rs300 crore, marks the entry of MPSEZ on the eastern coast of India.
EPC News Bureau
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| Posted on:3/22/2011 at 11:25 AM