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JSW infra eyeing on Sical terminal at Kamarajar port

JSW infrastructure which has been handling Dolemite and Steel Coils from both Chennai and Kamarajar port Ennore is holding talks with the Kamarajar port administration to take over discarded iron ore terminal at the port to handle their cargo.

Industry sources said the talks with the Kamarajar port administration to facilitate the take-over of the iron ore terminal owned by the Sicals. The Chennai port administration is however persuading the group to use their berths for their operations.

But JSW group is however keen on taking over the terminal at Kamarajar port  since port has no congestion problems and situated away from the city unlike Chennai port.

Ever since the government clamped the ban on iron ore exports nearly ten years ago, the terminal has stopped functioning, The Sical group however wanted to switch over to coal-handling but the move was thwarted by their rivals who are operating two coal handling berths at the port. They opposed the Sicalís move to enter into coal handling business.

The terminal has 13.5 meters draft, 330 meters length and sixty meters beam.

Sources said that this is part of JSW groupís Capex plan to tone up the infrastructure at a cost of ninety billion rs.

Kamarajar port which started off as a Satellite port of Chennai has eight berths which can handle iron ore coal, a general cargo berth cum automobile export terminal, Container terminal handled by the Adani group. A five million ton LNG terminal developed by the Indian Oil Corporation is expected to be commissioned in the next three months.

Adaniís container terminal has a capacity to handle 1.4 million tones. The first phase was commissioned last year. The terminal is however is not fully used.

JSW infrastructure currently has a capacity of 75 million tons and aims to touch two hundred million tons in the next two years. The company has on-going projects in Dolvi , Jaigad and Paradip on the east coast. The company has presence in liquid and dry bulk.

 

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