Comments
Angre port, promoted by Goa-based Chowgule Group, will be commissioned on March 23.
At 110 nautical miles south of Mumbai, in Ratnagiri district of Maharashtra, the port is looking to handle agricultural produce from western Maharashtra and nearby areas of Karnataka.
The Rs 520-crore project is being executed by group company Chowgule Ports & Infrastructure Pvt Ltd (CPIPL).
All the regulatory and financial clearances are in place.
As the group had 270 acres in hand, it could implement the project in just four years.
Mr Atul Kulkarni, CEO of CPIPL, told Business Line the project is on schedule and the marine civil works are on the verge of completion.
Construction of warehouses for weather-sensitive cargo and storage facility for dry bulk is also on.
Gantry cranes have been ordered, he said.
He said CPIPL is keen to handle clean cargo such as sugar, grains and so on, as it has no railway connectivity for handling coal and iron ore.
over-dimensional cargo
It can handle over-dimensional cargo up to 120 tonnes.
As several power projects, including Jaitapur nuclear project, are coming up in Ratnagiri, the port would get enough business from over-dimensional cargo, he said.
It will initially have capacity of about 16 million tonnes, but depending on demand, more would be added, he said, with eight million tonnes additional capacity likely beyond 2019.
greenfield port
“Angre is a greenfield port, built keeping in mind the cargo demand of the future. We are not expecting all our four berths to be occupied immediately.
The demand will pick up gradually,” he said.
A ship repair facility for vessels up to 10,000 dwt is also coming up at the site, catering to offshore supply and other smaller vessels.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.