It is reported that four out of the five berths planned for Greenfield port developed at Gangavaram near Visakhapatnam are ready and it is expected to be operational in August 2008 to handle coal and iron ore. Mr Manmohan Singh secretary of Infrastructure & Investment said that the new port at Krishnapatnam became operational with three out of its four berths being opened for regular traffic of cargo or container ships. He added that the 4th berth too, would be opened soon. Over INR 2,000 crore were invested by the private developer in the project thus far.
This port now handles iron ore exports from mines in Anantapur district and adjoining Bellary in Karnataka. A railway line has been taken up to shorten the distance between Krishnapatnam and these mines. Already, a 400 KV sub station has been constructed at a cost of INR 250 crore to handle power needs.
A series of thermal power stations taken up for construction at Krishnapatnam with an installed capacity of nearly 5,000 MW will depend on the port for coal from Indonesia and other countries.
This port now handles iron ore exports from mines in Anantapur district and adjoining Bellary in Karnataka. A railway line has been taken up to shorten the distance between Krishnapatnam and these mines. Already, a 400 KV sub station has been constructed at a cost of INR 250 crore to handle power needs.
A series of thermal power stations taken up for construction at Krishnapatnam with an installed capacity of nearly 5,000 MW will depend on the port for coal from Indonesia and other countries.