Vizag General Cargo Berth Private Ltd, a joint venture in which Sterlite Industries (India) Ltd has 74 per cent share and Leighton Welspun Contractors Private Ltd 26 per cent, has obtained permission to start commercial operations of its first fully automated coal-handling terminal at Vishakhapatnam.
The berth, implemented at a total cost of $150 million, will begin working in the current quarter.
“We are prepared to take up similar projects elsewhere. Our experience in executing large projects helped us in constructing the berth in two years,” the company said.
The berth is capable of handing cape-size vessels, with a faster discharge rate.