Essar to develop multipurpose cargo terminal of 2,276 INR-Crore

Essar Ports Limited has received a Letter of Award (LoA) from Deendayal Port Authority (DPA) to develop a multipurpose cargo terminal. The cargo terminal will be located at Tuna Tekra in Kandla, Gujarat, worth an estimated 2,276.06 INR-Crore.

Essar multipurpose cargo terminal will be developed under the Public-Private Partnership (PPP) model on a Build, Operate, and Transfer (BOT) basis. It will have a 30-year concession period. The planned annual handling capacity of this terminal will be 18.3 Million-Tonnes. Essar Ports will invest worth nearly 1,522.57 INR-Crore, while DPA will invest 723.49 INR-Crore.

Also Read: Upcoming Mixed-Use Development – Valor L&T Conrad, BKC, Mumbai

Essar multipurpose cargo terminal will have four berths, each measuring 300 Meters (M). It will provide a combined berth length of 1,200 Meters (M). The terminal will be designed to handle Cape-size vessels of up to 170,000 Deadweight Tonnes (DWT). Moreover, it will have a draft capability of up to 18 Meters (M). Furthermore, DPA will develop common-user infrastructure for the project, including dredging of the access channel, berth pockets, turning circles, and a common approach road.

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