CapEx News
Project News,Updates,Bids & Tenders for Consultants,EPC Contactors,Industrial Suppliers & Service Providers
Ship building & new cargo terminal, among Rs 57,000 crore worth projects announced for Kandla port
Infrastructure - Jan 08,2025 -Union Minister of Ports, Shipping & Waterways, Sarbananda Sonowal announced proposed investments worth Rs 57,000 crore to significantly enhance the capacity and efficiency of Kandla Port in Gujarat.
The announcement includes two major projects—a Mega Shipbuilding Facility and a new cargo terminal—aimed at bolstering the port’s infrastructure and operations.
The proposed Rs 30,000 crore Mega Shipbuilding Facility at Kandla Port will enable the country to develop technical capabilities for manufacturing large Very Large Crude Carriers (VLCCs) and similar vessels with capacities of up to 3,20,000 tonnes DWT.
The facility will have an annual capacity to produce 32 new ships and repair 50 older vessels. Spread across more than 8,000 acres, the state-of-the-art facility will also include a marina, a fishing harbour, residential townships, and a marine industrial cluster, according to an official release.
The second project, a new 135 million tonnes per annum (MTPA) cargo terminal outside the Kandla Creek, will be built at an estimated cost of ₹27,000 crore. This terminal, which will utilize a 6-km waterfront near Tuna, will replace existing dry bulk cargo jetties with modern handling equipment and efficient evacuation systems. The upgraded infrastructure is expected to improve the turn-around time for vessels carrying liquid cargo.
“The new facility at Kandla Port will not only significantly augment its operations but also enhance efficiency through the segregation of dry and liquid cargo,” Sonowal said.
Company :Recent News
◉ SWELECT Energy secures over 150 MW of solar module - Mar 13,2025◉ RVNL emerges as lowest bidder for Rs 554.64 crore road contract - Mar 13,2025
◉ MoU inked for developing Multi-Modal Logistics Park in Varanasi - Mar 13,2025
◉ Danfoss India to invest Rs 1,200 crore by 2028 - Mar 13,2025
◉ SJVN to develop Rs 9,500 crore pumped storage project - Mar 13,2025
◉ JNPA signs concession agreement for Rs 285-crore agri-processing facility - Mar 13,2025
◉ Montra Electric opens e-SCV manufacturing plant in Chennai - Mar 13,2025