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| Exchange Disseminated Time | Gujarat Pipavav Port Ltd has informed BSE that the Board of Directors of the Company at its meeting held on April 17, 2014 approved the revised expansion plan for enhancement of Container handling capacity from ~ 0.85 Million TEUs to ~ 1.35 Million TEUs at an estimated cost of about Rs. 4,600 Million.
The capex to be implemented in phased manner shall mainly consist:
1. Purchase of 3 Post Panamax cranes with Spreaders to replace the existing old cranes;
2. Strengthen existing Berth 3;
3. Dredging at berth pockets;
4. Phased development of Container Yard;
5. Purchase of 4 Rubber Tyre Gantry Cranes with Spreaders;
6. Internal Roads & Gate Complex;
7. Electrical and other related works
The Dry Bulk and Liquid cargo capacity shall continue to be at ~ 4-5 Million Tons and ~2 Million Tons respectively.
Further the Company has submitted to BSE a copy of the Presentation covering details of the plan. |
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