Rs 323 cr for developing EQ1 in Visakha Port
New Delhi, Nov 26 (INN):The Centre on Friday announced plans for the development of East Quay 1 (EQ1) berth by in the inner harbour of the Visakhapatnam Port by replacing the existing EQ1 berth and part of EQ2 berth for handling Steam Coal. According to an official statement from the Shipping Ministry, the Cabinet Committee on Infrastructure has approved the project of Development of East Quay 1 (EQ1) berth through a Design, Build, Finance, Operate and Transfer (DBFOT) basis at an estimated cost Rs 323.18 crore with a capacity of 6.41 MT.
The development of the EQ 1 berth would enable the Port to cater to 14 m draft vessels and handling the steam coal with the mechanized unloading facilities. The project is to be implemented within a period of 24 months from the date of award of the concession. Listing out the benefits of the project, the communiqu' said that the project will see construction of 280m long berth to cater to 14 m draft vessels with a capacity of 6.41 MT, installation of mechanised unloading facilities for Steam coal, transporting the cargo through closed conveyor system to the stockpile reducing the environmental pollution. Additionally, a mechanical system for stacking and reclaiming the cargo for eventual loading into wagons will lead to faster evacuation and less congestion, the statement said.
New Delhi, Nov 26 (INN):The Centre on Friday announced plans for the development of East Quay 1 (EQ1) berth by in the inner harbour of the Visakhapatnam Port by replacing the existing EQ1 berth and part of EQ2 berth for handling Steam Coal. According to an official statement from the Shipping Ministry, the Cabinet Committee on Infrastructure has approved the project of Development of East Quay 1 (EQ1) berth through a Design, Build, Finance, Operate and Transfer (DBFOT) basis at an estimated cost Rs 323.18 crore with a capacity of 6.41 MT.
The development of the EQ 1 berth would enable the Port to cater to 14 m draft vessels and handling the steam coal with the mechanized unloading facilities. The project is to be implemented within a period of 24 months from the date of award of the concession. Listing out the benefits of the project, the communiqu' said that the project will see construction of 280m long berth to cater to 14 m draft vessels with a capacity of 6.41 MT, installation of mechanised unloading facilities for Steam coal, transporting the cargo through closed conveyor system to the stockpile reducing the environmental pollution. Additionally, a mechanical system for stacking and reclaiming the cargo for eventual loading into wagons will lead to faster evacuation and less congestion, the statement said.
News Posted: 26 November, 2010
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