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Friday, March 29, 2013

Rs. 1800 crore investment is awaiting for Visakhapatnam port

The bid proposal for 3 main projects in Visakhapatnam port had been started this week. The total project is estimated at Rs. 1800 crore. The bid proposal will be segregated in the following ways :-

The bids for extension of box terminal, which include an investment of INR 633 crore, were opened on Wednesday. The bids for automation and development of existing facilities at iron ore handling complex (OHC) and West Quay North (WQ-7 and 8 berths) will be unlocked on Thursday.

As per the amended estimates, the OHC and WQ North projects require an investment of INR 845 crore and INR 393 crore correspondingly. The cargo mix for WQ North berths is to be utilized for dealing with mass cargoes ranging from bauxite, gypsum, blast furnace slag, manganese and other categories of ore.

Courtesy By
Loadjunction - An online solution for Indian Transportation & Logistics sectors

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