Visakhapatnam port in India is developing a role as a regional hub for imported coal. Vizag General Cargo Berth, which is a joint-venture between Vedanta (74%) and Leighton Welspun (26%) has built a coal terminal at a cost of $113 million. Additionally, the harbour has been dredged up to a depth of 20m, allowing 200,000dwt vessels to access the outer harbour. This allows coal to be imported from the US, Indonesia and South Africa, among other countries.
Currently, the port reports an annual volume of the imported coal of around 10.5 million tonnes, however, new power projects close to the port will need an additional 10% increase in that volume.
BC