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Private Sector | Gujarat - India | PID: 156658
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Essar ports said its subsidiary has won a contract from the Gujarat Maritime Board (GMB) to handle 15 million tonnes (MT) of merchant cargo over a period of three years
Based on this approval, Essar Bulk Terminal Ltd, Hazira, with its design and capabilities will be able to handle a range of cargo for merchant customers, including dry bulk, liquid bulk, containers, etc, it said
The approval was granted under GMB's captive port policy where jetties built on captive licenses can handle third-party cargo up to a maximum of 50 percent of total cargo handled, it added
This approval stands to benefit the local industry who will now have access to a modern port facility. It will also increase the revenue to the government because of better utilisation of port capacity, it said
Essar's Hazira Terminal has a capacity to handle 30 MT of cargo annually
| Updated on: 29 - Apr - 2016
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