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Essar Ports completes Rs 28-bn investment in Vizag and Salaya terminals

With the current investments made, the company expects its operational capacity would stand at 110 mtpa in CY18

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Amritha Pillay Mumbai
Ruias-controlled Essar Ports on Monday said it has completed a Rs 28-billion planned investment in its Vizag and Salaya terminals in Andhra Pradesh and Gujarat, respectively. The company will now look at further investments to take its capacity further to 150 million tonnes per annum in the next two years.

“Looking at the opportunities in the sector, it cannot be that we will not look at more investment opportunities. We have plans to expand at Hazira, we have plans to expand at Salaya and are looking at a coal terminal project in Mozambique, and in all looking at an investment of

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