Adani arm to set up non-LNG cargo facility in Gujarat

Adani Group promoted Mundra Port and Special Economic Zone (MPSEZ) today signed an agreement to develop non-LNG cargo facility at Hazira port in South Gujarat, a company official said.

The agreement for developing a non-LNG port was signed by Adani Hazira Port Private Limited (AHPPL), subsidiary of MPSEZ, with Gujarat Maritime Board (GMB) and Hazira Port Pvt Limited (HPPL).

The master plan of the port provides 12 berths to be developed in a phased manner. The cargo handling operations are likely to commence by 2013, a company statement said.

In the first phase, the port will have cargo handling capacity of about 25-30 million tonnes per annum while in second phase of development, another 40 million tonnes will be added by 2015, thereby reaching total targeted capacity of 70-80 million tonnes, a company official said.

As per the bulk and general cargo agreement signed today between HPPL, AHPPL and GMB, Adani group at Hazira port will develop bulk, break-bulk, container and liquid cargo terminals, the statement said.

The port will also provide service to chemical industry in Vapi-Ankleshwar Chemical belt on account of its proximity to the industrial estates, it added.

MPSEZ, which operates ports at Mundra and Dahej is also into developing coal terminals in Gujarat and Goa. Its international forays include port development in Australia and Indonesia.