What is unique about India's deepest port?
Commodity Online
HYDERABAD: After going through five to seven years of land acquisition problems and problems related to land acquisition India’s deepest port , the Port Gangavaram has become a reality.
This green field port was developed on a Public-Private Partnership model and is pormoted by a consortium led by renowned IT entrepreneur, D V S Raju and Andhra Pradesh Government. The newly developed port has already posed stiff competition to the nearest major port of Vishakapatnam. Gangavaram port has already poached a top customer from Vizag port by signing on state-owned Rashtriya Ispat Nigam Ltd that runs the Visakhapatnam Steel Plant.
Trial opeations have already begun in the port and the first commercial vessel M.V.Timios Stavros was berthed on August 03. The second commercial vessel M.V.Ikan Sembak with 53,970 tonnes of non-coking coal from Indonesia was berthed on August 04 to avoid demurrage charges at the congested Visakhapatnam Port.
DVS Raju led consortium has bagged the rights to operate the port for 30 years beginning from 2006.
What is unique about Gangavaram?
Being a port owned by the state government, the private operator of Gangavaram port is free to fix its own tariffs without consulting a regulator, whereas the rates for the 11 union government-owned ports including Vizag port are set by the Tariff Authority for Major Ports. Gangavaram port would thus be able to fix competitive rates to attract customers.
Commodity Online
HYDERABAD: After going through five to seven years of land acquisition problems and problems related to land acquisition India’s deepest port , the Port Gangavaram has become a reality.
This green field port was developed on a Public-Private Partnership model and is pormoted by a consortium led by renowned IT entrepreneur, D V S Raju and Andhra Pradesh Government. The newly developed port has already posed stiff competition to the nearest major port of Vishakapatnam. Gangavaram port has already poached a top customer from Vizag port by signing on state-owned Rashtriya Ispat Nigam Ltd that runs the Visakhapatnam Steel Plant.
Trial opeations have already begun in the port and the first commercial vessel M.V.Timios Stavros was berthed on August 03. The second commercial vessel M.V.Ikan Sembak with 53,970 tonnes of non-coking coal from Indonesia was berthed on August 04 to avoid demurrage charges at the congested Visakhapatnam Port.
DVS Raju led consortium has bagged the rights to operate the port for 30 years beginning from 2006.
What is unique about Gangavaram?
- • The port has a water depth of up to 20m, deeper than any other port in the country, that will help it handle large bulk carriers with a cargo carrying capacity of up to 200,000 tonnes
- • the Greenfield port is operated by Gangavaram Port Limited and is developed as a Public-Private Partnership model by the State Government of Andhra Pradesh and consortium led by Mr.D.V.S.Raju.
- • being developed as all weather, deepwater, multi-purpose world-class port facility to handle up to 300,000 DWT vessels with 29 berths, in phases over a period of 50 years.
- • Besides, the cargo handling facilities at Gangavaram are fully mechanized unlike many ports where loading and unloading is done manually
- • located in East Coast of India about 15 kms south of Visakhapatnam Port.
- • road connectivity to the port is through a four lane expressway of 3.8 kms connecting the port with the National Highway No.5 (Chennai - Kolkata)
- • railway connectivity is being provided to connect the port to national network of “Chennai-Visakhapatnam-Howrah” rail corridor.
- • as part of phase 1 development one Iron Ore berth, one Coal berth and three Multipurpose berths are ready with 19.5 metres depth in harbor below CD.
Being a port owned by the state government, the private operator of Gangavaram port is free to fix its own tariffs without consulting a regulator, whereas the rates for the 11 union government-owned ports including Vizag port are set by the Tariff Authority for Major Ports. Gangavaram port would thus be able to fix competitive rates to attract customers.