Adani Ports & Special Economic Zone Ltd (APSEZ) which is part of Rs 50,000 crore Adani Group, today announced completion of its steam coal import terminal at Visakhapatnam port, eight months ahead of schedule.
The Adani Vizag Coal Terminal Pvt Ltd, a subsidiary of APSEZ, had entered into a concession agreement with Vishakhapatnam Port Trust to set up a Rs 400 crore steam coal handling facility project with a capacity of 6.4 million tonnes a year in March 2011.
“This is a proud moment for the Group for setting a record in completion of the Adani Vizag steam coal terminal project eight months ahead of schedule. The facilities can handle steam coal volumes of up to 9 million tonnes," said Karan Adani, Executive Director, APSEZ.
Coal from this terminal will be supplied to power plants in Andhra Pradesh, Odisha, Chhattisgarh and Maharashtra.
