BusinessWednesday, October 21, 20262 min read

Essar to develop Rs 2,276 cr terminal at Kandla

By Economic Times · Published by Everything Blog

In short

Essar plans to develop a new terminal at Kandla with an annual cargo-handling capacity of 18.33 million tonnes, expected to boost the port's strategic growth and operational efficiency. This initiative is part of Essar Ports' broader expansion strategy and will support the company's future growth. The project is expected to ease pressure on existing dry-cargo berths, improve operational efficiency, and enhance multimodal connectivity. DPA will provide common-user infrastructure, including dredging and turning circ…

Key points

Essar plans to develop a new terminal at Kandla with an annual cargo-handling capacity of…: Essar plans to develop a new terminal at Kandla with an annual cargo-handling capacity of 18.33 million tonnes per annum.
The facility, which will have four berths measuring 300 meters each and an aggregate bert…: The facility, which will have four berths measuring 300 meters each and an aggregate berth length of 1,200 meters, will accommodate vessels up to 170,000 DWT and have a draft capability of up to 18 meters.
This project is part of Essar Ports' strategy to expand and rebuild its ports business an…: This project is part of Essar Ports' strategy to expand and rebuild its ports business and will serve as the foundation for its next phase of growth.

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The proposed terminal will have an annual cargo-handling capacity of 18.33 million tonnes per annum (MTPA) and comprise four berths, each measuring 300 metres, providing an aggregate berth length of 1,200 metres. The facility is designed to accommodate Cape-size vessels of up to 170,000 deadweight tonnes (DWT), with draft capability of up to 18 metres.

“The Tuna-Tekra project marks a defining moment for Essar Ports as we embark on a new journey to rebuild and expand our ports business,” Ashish Rajgarhia, CEO at Essar Ports said, adding this project will serve as the foundation for Essar's next phase of growth.

The development of additional cargo-handling infrastructure is also expected to ease pressure on existing dry-cargo berths, improve operational efficiency and strengthen multimodal connectivity. The use of larger vessels is expected to support more efficient shipping and improve logistics competitiveness, Essar said.

As part of the project, DPA will provide common-user infrastructure, including dredging of the access channel, berth pockets and turning circles, along with a common approach road. The terminal will be developed and operated in accordance with the Green Port Policy.

Essar's current ports portfolio comprises approximately 60 MTPA operational capacity across Gujarat, Indonesia and the United Kingdom. It has developed and operated 168 MTPA of port capacity across the country of which 148 MTPA has been monetised.

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Original source: economictimes.indiatimes.com

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Key Points

Essar plans to develop a new terminal at Kandla with an annual cargo-handling capacity of…: Essar plans to develop a new terminal at Kandla with an annual cargo-handling capacity of 18.33 million tonnes per annum.
The facility, which will have four berths measuring 300 meters each and an aggregate bert…: The facility, which will have four berths measuring 300 meters each and an aggregate berth length of 1,200 meters, will accommodate vessels up to 170,000 DWT and have a draft capability of up to 18 meters.
This project is part of Essar Ports' strategy to expand and rebuild its ports business an…: This project is part of Essar Ports' strategy to expand and rebuild its ports business and will serve as the foundation for its next phase of growth.

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AI Analysis

Tone

Positive

In short

Key Points

Essar plans to develop a new terminal at Kandla with an annual cargo-handling capacity of…: Essar plans to develop a new terminal at Kandla with an annual cargo-handling capacity of 18.33 million tonnes per annum.
The facility, which will have four berths measuring 300 meters each and an aggregate bert…: The facility, which will have four berths measuring 300 meters each and an aggregate berth length of 1,200 meters, will accommodate vessels up to 170,000 DWT and have a draft capability of up to 18 meters.
This project is part of Essar Ports' strategy to expand and rebuild its ports business an…: This project is part of Essar Ports' strategy to expand and rebuild its ports business and will serve as the foundation for its next phase of growth.

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Business

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Essar to develop Rs 2,276 cr terminal at Kandla

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