Esssar Bulk Terminal Limited, functioning from Hazira port terminal in all set to increase
its cargo handling during the current financial year following the company's focus on third-party
cargo. In 2016-17, The company's registered total cargo handling at Hazira port
wast 18 million tonnes during the last financial year and this is expected to
increase to about 28-29 million tons during the current year.
The company has also signed an agreement with the Gujarat Maritime Board
(GMB), the state ports regulator, for expanding its captive jetty by 1,100
meters from the existing 550 meters. The expanded berthing facility is expected
to be ready by the end of fiscal 2018, and will enhance the current capacity by
20 mtpa to take the total capacity to 50 mt.
A spokesman of Essar Ports said that they are investing about Rs 1,000
crore for the expansion over a period of two years. The commissioning will
happen in phases. By March 2018, the water front part of the jetty will be
ready, while the mechanization and complete commissioning will happen by March
2019. Financing for the investment will happen mostly through internal accruals
and partly through debt.”
This facility will not only help cater to the enhanced cargo requirements
of Essar Steel, its anchor customer, but also give a boost to the company’s
third-party cargo business. Essar Steel production is expected to increase
further during fiscal 2018, but according to the mandate, Essar Steel can use
up to 50 per cent of the installed capacity, while the rest is being used by
either long-term customers or need-based customers.
Hazira Port, handles dry bulk cargo and liquid cargo, has four jetties with
combined capacity of 50 MTPA. Hazira Port Terminal is an all-weather,
deep-water terminal located in the Gulf of Khambatt, Gujarat. The terminal has
depths of 14 metres below chart datum (CD) and is capable of accommodating
The Port terminal is integrated with Essar’s Hazira Complex, which consists
of a 10 mt steel plant, power plants and other manufacturing facilities.