Essar Ports' Salaya Terminal registers 160% cargo growth in June quarter

Essar Ports invested Rs 11,000 crore in developing terminals and is currently operating four terminals

Essar Ports’ Essar Bulk Terminal Salaya Ltd (EBTSL) on Wednesday posted 160 per cent growth in its cargo throughput for the Q1FY20 which ended on June 30, 2019. As against 0.5 million tonnes (MT) in Q1FY19, EBTSL clocked a cargo throughput of 1.3 MT in Q1FY20. The firm operates the deepest draft terminal in Gujarat’s Saurashtra region.

The company stated that this was the best throughput since the terminal's commissioning in 2018.

With 1,200 MW Essar Power plant resuming operations, EBTSL is hopeful of a significant boost to its topline and cargo throughput in the subsequent quarters this year, the