Essar Ports completes over Rs 2,800 crore investment in Salaya & Vizag terminals
Essar Bulk Terminal Salaya Limited Essar Vizag Terminal Limited Mumbai: 08 January 2018: Essar Ports Limited (EPL) today said that its investment of over Rs 2,800 crore in its Salaya and Vizag terminal projects has the potential to increase the company’s revenues by 30% in FY2018-19 on the back of third-party cargo growth. Mr Rajiv Agarwal, […]
Essar Vizag Terminal to take week-long shutdown to commission 8,000 TPH ship loader
Visakhapatnam / Mumbai, 11 December 2017: Essar Vizag Terminal Ltd (EVTL) today said that it was taking a week-long shutdown ahead of the installation and commissioning of an 8,000 TPH (tonnes per hour) Ship Loader that forms a part of the Company’s Rs 830-crore expansion plan to upgrade the iron ore handling capacity of the Vizag […]
Essar Projects congratulates GMB for inauguration of India’s first Ro-Ro ferry project by Hon’ble Prime Minister Shri Narendra Modi
Bhavnagar, 22 October 2017: Essar Projects, which is the principal EPC contractor for India’s first Ro-Ro ferry project that was inaugurated here today by Honourable Prime Minister Shri Narendra Modi, congratulated the Gujarat Maritime Board (GMB) on reaching the milestone. A GMB project of national significance, the RoRo ferry will bring down the travel time between […]
Essar Ports registers 19% growth in cargo handling in H1 FY17-18
Mumbai, 11 October 2017: Essar Ports handled 17.35 million tonnes of cargo in the first half of FY 2017-18, registering 19% growth when compared to the cargo handling in the corresponding period in FY 2016-17. The company also registered 7% growth in cargo handling in the quarter ending 30 September 2017, when compared to the same […]
Essar invests Rs 830 crore to double Vizag Port iron ore handling capacity
Visakhapatnam, 24 September 2017: Essar Ports, India’s second largest private port operator that has an operational capacity of 82 MTPA, today announced that its Rs 830-crore expansion plan to upgrade the iron ore handling capacity of the Vizag Terminal (outer harbour) from 12.5 MMTPA to 23 MMTPA is nearing completion. On completion, the upgraded terminal will […]
Essar Ports signs concession agreement with Mozambique government to develop new 20 MTPA coal terminal in Beira Port.
Mumbai, India and Maputo, Mozambique, 4 August 2017: Essar Ports has signed a 30-year concession agreement with the Government of Mozambique to develop a new coal terminal at Beira Port, as part of a Public Private Partnership (PPP) project. The project will be executed on Design, Build, Own, Operate and Transfer (DBOOT) basis through a subsidiary, […]
Essar Projects commissions Coke Drum Structure Packages for BPCL’s Kochi Refinery
Mumbai, 24 July 2017: Essar Projects India Ltd. (EPIL), a leading EPC contractor, today announced the successful testing and commissioning of the Coke Drum Structure Package (CDSP) for Bharat Petroleum Corporation Limited’s Kochi Refinery (BPCL-KR). The contract value of this package is Rs. 645 crores. The CDSP is part of BPCL-KR’s Integrated Refinery Expansion Project that […]
Essar Bulk Terminal signs agreement with GMB for 1,100-metre jetty expansion at Hazira
Cargo handling capacity to increase by 20 MTPA; to cater to increased demand from anchor customer Essar Steel Mumbai, 18 July 2017: Essar Bulk Terminal Ltd (EBTL), the operator of the Hazira port terminal facility, has signed an agreement with Gujarat Maritime Board (GMB) for expanding its captive jetty by 1100 metres. The expanded berthing […]
Essar Ports registers 12% Q-o-Q growth in cargo in Q1 FY17-18
Mumbai, 14 July 2017: Essar Ports has handled a record 19.62 million tonnes of cargo in the quarter ending 30 June 2017. This is a growth of 12% when compared to the cargo handling in the corresponding quarter of the previous fiscal. For dry and unit cargo, the performance was even more impressive, with the […]
Essar Projects successfully commissions four offshore well platforms for ONGC
Essar Projects India Ltd. (EPIL), a leading EPC contractor, today announced the successful commissioning of four offshore well platforms for its client ONGC. An EPIL-led consortium—with Saipem as the engineering partner—was awarded the contract for Engineering, Procurement, Construction, Installation and Commissioning (EPCIC) of four new well platforms by ONGC. Of these, three platforms are in […]