Essar Ports invests in expanding Hazira for online

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MUMBAI: Essar Port is investing Rs 750 crore to enhance the capacity of its Hazira terminal to 50 million ton per annum from 30 million tons.

“The 550-metre berth of Essar Bulk Terminal Limited (EBTL) in Hazira is being expanded by a further 1,100 metres to accommodate the steady growth in cargo throughput at the port,” the company said in a statement.

“Post completion of expansion, the port will have capability of simultaneously handling 7 vessels at any point of time,” it added.

With this, the total investment in Hazira port will increase to Rs 3,200 crore.

The Company has already invested in creating an all-weather mechanised deep draft port, which is capable of handling Capesize vessels. The port has a draft of 14 metres, which allows direct berthing of the largest of bulk cargo carriers. The Company has dredged an 8.8-km channel on the Tapi river. Approximately, 80 million cubic metres has been dredged until date.

 In the quarter ending 30 June 2016, traffic at the port increased by 80% to 4.4 million metric tonnes as against 2.4 million tons in the corresponding quarter of the previous year