Adani Ports to develop 3rd phase of Mundra Port for Rs 6,000cr
Adani Ports and SEZ Ltd will invest Rs 6,000 crore for the development of third phase of Mundra Port.
The upcoming capacity expansion of Mundra Port, touted as one of the top multi-purpose ports in the country in terms of traffic held, would lead to employment generation for 600 people, sources said.
A token MoU to this effect was signed in the presence of Gujarat Deputy Chief Minister Nitin Patel at the Vibrant Gujarat Global Summit.
Essar Ports too plans to develop port facilities along the Gujarat coast at an investment of about Rs 10,600 crore, a move that is expected to result in employment generation opportunities for 1,000 people.
A slew of MoUs signed here today also include one by West Cost Liquid Terminal — an SPV of Shapoorji Paloonji Group — which intends to invest Rs 1,200 crore for development of LPG and Liquid Storage Terminal at the greenfield port location of Chhara (District Gir Somnath).
This project, said state officials, will be an important contributor in increasing LPG reach in the Northern, Western and Central parts of the country, for domestic cooking fuel segment by enabling the LPG imports.
In the roads and building sector, the National Highways Authority of India (NHAI) intends to invest Rs 13,000 crore to create Vadodara-Talasari six-lane expressway.
The move is expected to improve the connectivity between Ahmedabad and Mumbai.
In the areas of water supply, Classic Network has outlined plans to invest Rs 1,000 crore for development of a water supply project entailing employment for 1500 people.
In addition, Solar Sewage Basic Infrastructure is planning to invest Rs 5,000 crore for undertaking Sea Water desalination project on BOOT basis, a project that would provide employment to nearly 600 people in the State.
The Vibrant Gujarat summit has been a hub of business activities over the last three days, with captains of the industry announcing massive investments into the state.
At the high-profile inauguration of the event by the Prime Minister on January 10, global as well as Indian business leader announced plans to invest in areas such ports, automotive, IT, renewable energy, water, cement, amongst others.
"Companies like Boeing, Airbus, Adani Group, and large numbers others have shown tremendous interest in investing in the state," J N Singh, Chief Secretary, Gujarat Government told PTI.
http://www.business-standard.com/ar...undra-port-for-rs-6-000cr-117011200825_1.html
Gujarat coastal economic zones in the works
The three Coastal Economic Zones (CEZs) proposed in Gujarat will have facilities related to petrochemical, apparel, automobile, marble furniture, cement and maritime. A consultant will be appointed within a month to prepare a detailed master plan for CEZs in the region.
Under the larger Sagarmala Programme, there are plans to have 14 CEZs at different locations across India, of which three will be in Gujarat at Kutch, Saurashtra and South Gujarat (Suryapur).
"The industrial clusters proposed to be developed in these three CEZs will be related to petrochemical, automobile, cement, etc. The perspective plans were also prepared for these CEZs," reads the tender document inviting request for proposal (RFP) for preparing the master plan.
As per the plans prepared for Gujarat, automobile-related establishments would be at Sanand, petrochemical, apparel and cement hubs would be at Saurashtra, and maritime and marble cluster in Kutch.
Kandla and Mundra ports have been appointed as nodal agency for the project to develop CEZ and Coastal Economic Units (CEUs) in Kutch region.
"This project is being undertaken by the Ministry of Shipping through Indian Ports Association and has several aspects to it. The total area of CEZ is much more bigger than the size of Kandla Port," said Ravi Parmar, chairman, Kandla Port Trust.
For Kutch region, a total of 12 clusters have been identified having a total of 13,320.58 hectare land bank. The cluster size varies from 33.62 hectare to 2,175.80 hectare. Including Kandla Port, the total area under the project is 18,740.58 hectare.
"Even tourism, fisheries, community development will be part of the larger project," added Parmar.
For Saurashtra region, covering the districts of Junagadh, Porbandar, Jamnagar, Rajkot, Amreli, Bhavnagar and Ahmedabad, Pipavav and Sikka are the nodal ports. Similarly, for the Suryapur region, Anand, Vadodara, Bharuch, Surat, Navsari and Valsad districts Dahej and Hazira are the nodal ports.
CEZs will be spatial economic regions comprising a group of coastal districts or districts with a strong linkage to the ports in that region. Whereas, CEUs will be specific industrial estate projects with a demarcated boundary similar to the Delhi-Mumbai Industrial Corridors nodes. The CEUs will house the industrial clusters or projects proposed within the CEZ.
Each CEZ will consist of multiple CEUs and more than one industrial cluster can be housed within a CEU. Within each industrial cluster, there can be several manufacturing units.
All these clusters will be closer to deep draught port under the 'Port-Linked Industrial Clusters'.
With the bidding process underway to prepare detailed master plan, either by later this month or early next month, an agency will be appointed for the same.
Once the CEZs and CEUs are established, they will generate employment opportunities in the coastal regions of Gujarat having presence of industries, apart from reducing logistics cost and saving time for the movement of exports and imports. Even the movement of domestic cargo through ports is expected to improve.
http://www.dnaindia.com/money/report-gujarat-coastal-economic-zones-in-the-works-2330754
One of the largest car carriers docks at Mumbai Port
One of the world's largest car carriers 'Hoegh Tracer' was docked at Mumbai Port Trust (MbPT) on Wednesday morning to ferry around 6,000 cars from the recently-built offshore container terminal (OCT).
During this financial year, as on January, the MbPT has already registered a 21% increase in handling of vehicles from the port.
"About 6,000 cars will be exported on this Norwegian flagged ship – Hoegh Tracer. The new OCT facility has enabled phenomenal increase of vehicle handling by our port," said Sanjay Bhatia, chairman, MbPT.
Though it is among the largest ships, it will not ferry record number of vehicles from Mumbai. On August 6, 2016, 6,312 cars were loaded on a single ship.
With the deck space of 71,400 square metre and carrying capacity of 8,500 car equivalent units, this just-over-a-year-old Hoegh Tracer vessel is one of the world's largest pure car and truck carrier (PCTC).
As per the data available with DNA Money, last year 1.40 lakh vehicles were handled by the port and, 1.70 lakh vehicles of different automobile manufacturers were handled between April 2016 and January 2017. The figure of February and March is likely to take the growth beyond 25%.
Of the 1.70 lakh vehicles handled at the port during this fiscal, over 95% of them are export units manufactured in India.
Inside the MbPT, the OCT is now being used only for roll on-roll off (Ro-Ro) services and not for other cargo, for which it was initially planned.
The OCT facility, which is 700 metre long and 58 metre wide with current draught of 10 metre and large storage area in the immediate backyard, has been getting car manufacturers like Volkswagen, Maruti Suzuki, Tata Motors, Mahindra & Mahindra, General Motors, as well as biggest of the shipping lines like Hoegh Autoliners, NYK, Eukor, MOL, etc.
The Rs 1,200 crore worth OCT project, being jointly developed by Gammon Infrastructure-Dragados SPL (of Spain) is still incomplete due to want of funds. There are plans in the pipeline that may see MbPT putting the OCT project for rebidding. The existing consortium had bagged the project for a concession period of 30-years on Built-Operate-Transfer basis.
In June 2015, MbPT proposed an alternative use of the offshore container terminal for Ro-Ro operations after it wasn't possible to complete the first phase of the project. The first phase involves handling 800,000 twenty foot equivalent units (TEUs).
Presently, the facility is being utilised by importers and exporters of automobiles and self-propelled equipment. The operations through Ro-Ro took off only on July 20, 2015.
Since its inception, over 100 vessels have berthed at the privately managed terminal and MbPT is getting 55% of the revenues from the Gammon Infrastructure-Dragados SPL consortium. The OCT project is likely to go for rebidding in the next couple of months.
http://www.dnaindia.com/money/report-one-of-the-largest-car-carriers-docks-at-mumbai-port-2331929
http://mumbaimirror.indiatimes.com/...of-all-rides-is-here/articleshow/57303526.cms