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    Adani Port to commission coal handling terminal worth Rs 400 cr

    By Religare
    |

    Adani Ports and SEZ Ltd, the leading private multi-port operator has planned to commission a coal handling terminal with the capacity of about 5 million tonnesworth Rs 400 croreat the MormugaoPort in Goa.

    "We are developing and by the fiscal year 2014, plan to commence operations of a coal handling terminal with one berth at the Mormugao Port, where we plan to provide port services," the company said in a prospectus for a recently completed fund raising exercise.

     

    The aforesaid coal handling project was awarded to Adani group in 2009 and was initially planned to commissioned by 2011-2012 but was delayed by 2 years, said the media report.

    Moreover, the Coal Handling Terminal project is part of its expansion plan at Mormugao Port in Goa to meet the increasing demand.

    In addition, theterminal project is coming up at the existing Berth No 7 and is being developed through the public-private partnership (PPP) route.

    The Terminal will have the capacity of handling minimum 4.61 MT per annum of coal and it will have a new coal handling berth of about 300 metres along with mechanised handling and back-up facilities. Its capacity can be expanded to 10 MTPA, depending upon the demand in future.

    Read more about: adani
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