Adani-group owned, Mundra Port and Special Economic Zone Limited (MPSEZ) eyes cargo handling at the Mundra Port to surge to 100 million tonnes (MT) by 2012-13, doubling from the current 50 million tonnes, the company said.
In a statement issued today, the private sector port operator informed that the cargo movement at Mundra Port would double over the next two years.
The company expects to cross 100 million tonnes of cargo handling by 2012-13 up from the current 50 million tonnes, while it is expected to rise to 80 million tonnes in 2011-12, the statement said.
The cargo volumes at Mundra Port have jumped from 11.7 million tonnes in 2005-06 to over 50 million tonnes in 2010-11, showing a compounded annual rate of growth of 34 per cent.
Meanwhile, the maritime trade of the country grew at a rate close to 8.5 per cent during the period.
"With Mundra Port’s world class infrastructure, best operational practices, pro-active and customer friendly management, we are aiming at handling 200 million tonnes of cargo volumes by 2020 at ports managed by the company," said Gautam Adani, chairman, Adani group.
During 2010-11, the company commissioned a 20 million tonnes of bulk cargo handling terminal at Dahej, while it is currently developing a multi cargo port at Hazira with Hazira Port Private Ltd as its partner, a 5 million tonnes LNG terminal at Mundra, a coal terminal each at Marmugao in Goa and Visakhapatnam in Andhra Pradesh.MPSEZ is developing 6 more berths for handling bulk/container cargo and is enhancing capacity of coal terminal to 100 million MT.
According to company statement, the port has emerged as the seventh largest port in the country in terms of annual cargo handling volumes for FY 2010-11. Mundra Port has 13 berths for handling bulk, liquid and container cargo, 2 single point mooring units, a RO-RO terminal for automobile handling and a fully automated 60 million MT dedicated coal terminal with 2 berths. The Port handles large variety of cargo like crude oil, petroleum products, chemicals, edible oil, coal, fertilizers, steel, containers, automobiles etc.
