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Essar Vizag Terminal to be shut for week

Essar Vizag Terminal to be shut for week
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Essar Vizag Terminal (EVTL) on Monday said it will shut down its operations for a week ahead of the installation of an 8,000 tonnes per hour ship loader as part of the firm\'s expansion plan. 

Hyderabad: Essar Vizag Terminal (EVTL) on Monday said it will shut down its operations for a week ahead of the installation of an 8,000 tonnes per hour ship loader as part of the firm's expansion plan.

"It was taking a week-long shutdown ahead of the installation and commissioning of an 8,000 TPH (tonnes per hour) Ship Loader that forms a part of the company's Rs 830- crore expansion plan to upgrade the iron ore handling capacity of the Vizag Terminal (outer harbour) from 12.5 million tonnes per annum (MTPA) to 23 MTPA," the company said in a statement.

EVTL CEO C H Satyanand said the shutdown is a planned move, which was being undertaken without any disruption to exporters' shipments. "Given that we are replacing a 41-year old ship loader with this new one, the short turnaround time is quite remarkable," Satyanand added.

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