Essar Ports to invest $70 m to double Hazira capacity

Mumbai | Updated on July 12, 2018 Published on July 12, 2018

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.

Published on July 12, 2018
This article is closed for comments.
Please Email the Editor