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Essar Vizag Terminal Limited plans 830-cr expansion
To upgrade the iron ore handling capacity of Visakhapatnam Terminal (outer harbour) from 12.5 MTPA to 23 MTPA, Essar Vizag Terminal Limited (EVTL) will be closed for a week ahead of the installation and commissioning of an 8,000 TPH (tonnes per hour) ship loader that forms a part of the company’s Rs 830 crore expansion plan.
Visakhapatnam: To upgrade the iron ore handling capacity of Visakhapatnam Terminal (outer harbour) from 12.5 MTPA to 23 MTPA, Essar Vizag Terminal Limited (EVTL) will be closed for a week ahead of the installation and commissioning of an 8,000 TPH (tonnes per hour) ship loader that forms a part of the company’s Rs 830 crore expansion plan.
During the shutdown December 13–19 other cargo handling equipment, including a new reclaimer and the mechanical conveyor system, will also be commissioned. Following the developments, EVTL expects to achieve a cargo handling rate of 120,000 TPD (tonnes per day), which will translate to shorter turnaround times and competitive freight costs for exporters on the east coast.
According to EVTL Chief Executive Officer Ch Satyanand, the shutdown was a planned move and was being undertaken without any disruption to exporters’ shipments. The company is replacing a 41-year-old ship loader with the new one, the short turnaround time was quite remarkable, the CEO added.
The EVTL took over the Visakhapatnam Port expansion project in May 2015 on a Design-Build-Finance-Operate-Transfer (DBFOT) basis for a period of 30-years. Since, the company has ramped up the iron ore loading capacity of terminal from 25,000 TPD (tonnes per day) to 70,000 TPD.
After the completion of upgradation-cum-modernisation project, not only will the loading capacity increase to 1,20,000 TPD, but the facility will also be able to berth vessels up to 2,00,000 DWT, with a depth of 18 metres, on the outer harbour.
