Chennai: The Kamarajar Port-Adani Group’s Rs 1,270 crore container terminal at the port is expected to go operational in a month.
Adani Group and Kamarajar Port Ltd had signed a “concession agreement” in March 2014 to establish a container terminal in two phases for Rs 1,270 crore.
The terminal would have a handling capacity of 1.4 million TEUS, with a total quay length of 730 metres upon completion.
“It is a big achievement for us. It is the first time that Kamarajar Port Ltd is going to handle this kind of project. We expect it to be ready in a month’s time,” Kamarajar Port Ltd CMD M.A. Bhaskarachar told reporters here on Monday. The construction had been completed. The project is part of the Port’s plan to increase cargo handling capacity to 86 million tonnes.
The work on setting up of multi-cargo terminal with Chettinad International Bulk Terminal Pvt Ltd. at the port, is also expected to commence soon. “Construction work has been completed and terminal is expected to commence shortly,” he said.
The Port had handled 2,27,581 units of automobiles in 2016-17, as against 2,16,922 units in 2015-16. “We will be adding capacity to accommodate around 30,000 units of cars this (financial) year,” he added....