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i-maritime news letter

Angre port set for March 23 launch - 2012-01-18


Angre port, promoted by Goa-based Chowgule Group, will be commissioned on March 23. At 110 nautical miles south of Mumbai, in Ratnagiri district of Maharashtra, the port is looking to handle agricultural produce from western Maharashtra and nearby areas of Karnataka.

The Rs 520-crore project is being executed by group company Chowgule Ports & Infrastructure Pvt Ltd (CPIPL). All the regulatory and financial clearances are in place. As the group had 270 acres in hand, it could implement the project in just four years. Construction of warehouses for weather-sensitive cargo and storage facility for dry bulk is also on. Gantry cranes have been ordered.

It can handle over-dimensional cargo up to 120 tonnes. As several power projects, including Jaitapur nuclear project, are coming up in Ratnagiri, the port would get enough business from over-dimensional cargo. It will initially have capacity of about 16 million tonnes, but depending on demand more would be added. Angre is a greenfield port, built keeping in mind the cargo demand of the future. It is not expected that all four berths would be occupied immediately. A ship repair facility for vessels up to 10,000 dwt is also coming up at the site, catering to offshore supply and other smaller vessels.

Source: Hindu Business Line