Essar Ports Ltd, a unit of Ruias promoted Essar Group, will invest $70 million over the next three years to double the capacity of the port at Hazira in Gujarat to handle 60 million tonnes (mt) of cargo from the current 30 mt, said Chief Executive Officer Rajiv Agarwal.
Of this, $20 million will be invested this year and the balance over the next two years to fully mechanise the facilities, Agarwal said.
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