Adanis line up Rs 2,000-cr Mundra port expansion

ABHISHEK SHANKER & HARIT MEHTA

TIMES NEWS NETWORK[ WEDNESDAY, JANUARY 03, 2007 02:53:37 AM]

AHMEDABAD: Mundra Port & SEZ, which is promoted by the diversified Adani
Group, has lined up an investment of about Rs 1,500-2,000 crore in
setting up new infrastructure facilities in Mundra.

The company has lined up investments to set up a berth basin at the port
in Mundra and has also decided to set up two mechanised coal jetties
dedicated to the upcoming 4,000 mega watt ultra-mega power project.
Simultaneously, for better approach, the company will invest part of the
funds in double-tracking the broad-gauge railway network between Mudra
and Adipur.

“The total investment envisaged is close to Rs 2,000 crore. The money
will be invested in setting up two dedicated coal jetties at the port
which will cater to the coal requirement of the upcoming ultra mega
power projects,” sources at Mundra Port told ET. The annual coal
requirement by the ultra-mega power project will be about 20 million
tonne which will be imported through Adani’s port.

Together the two jetties will have a capacity of 1.2 lakh tonne a day.
The company’s existing coal import infrastructure will also be raised to
1 lakh tonne a day after mechanisation. “The dedicated jetties will be
able to handle cape size vessels and the turnaround time will be not
more than 2 days,” sources added.

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