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Krishnapatnam port marks a year

Krishnapatnam port marks a year

Mumbai: India's Krishnapatnam Port Company Limited (KPCL) today celebrates its first anniversary of the inaguration of phase one by Smt. Sonia Gandhi, Hon'ble Chairperson UPA. The southern port has seen a successful year, having handledc in 8.4m metric tonnes of cargo in FY 2008-09 The port, which is designed to serve as one of the biggest ports in the world and the largest in India, is currently poised for the second phase of development.

Speaking on the occasion, the Krishnapatnam Port ceo congratulated the entire staff for the commendable all-round growth that the port has achieved. He states, "We have just set sail and have already managed to be recognized in the business circle around the world. This has only been possible due to our skill of building and operating the port in a very high standard giving the utmost value to all our customers. Our belief in innovating, improving and adapting to the needs of our clients is the success formula in making it India's biggest multipurpose port with an infrastructure and logistic setup of international calibre."

The port is being built in three phases and it has recently achieved Rs. 40bn financial closure for the 2nd phase of development especially at a time when the world economic conditions are apprehensive on new investment strategies. The port authorities claim that this has only been possible since KPCL has numerous strengths like its area, location, weather and the credentials of CVR group that is promoting this port.

Krishnapatnam Port's master plan includes 42 berths with a total Quay length of 12.5 kms and draft of 20 mtrs, capable of handling 200,000dwt super capesize vessels. It has a back up area of 6500 acres for transit storage that will house a dedicated container terminal, an import hub port for coal for the 14000 MW power projects coming up in its vicinity, an export hub port for iron ore along with the capacity to handle fertilizers, petrochemicals, break bulk cargo, project cargo and automobiles. It will also have shipbuilding & repairing facilities along with world class bunkering, rig repairing and offshore facilities.

As compared to other major ports in India, Krishnapatnam claims that it has state-of-the-art equipments, excellent connectivity, strong security systems, end-to-end services with single window clearance provision, along with integrated real time control of cargo handling and management information system for smooth functioning of operations at the port.

It expects a catalytic role in leading an industrial revolution to its hinterland comprising Andhra Pradesh, Eastern Karnataka, Eastern Maharashtra & Northern Tamil Nadu by becoming the gateway for exports from and imports to SEZs, Logistic parks, Cement, Steel & Thermal Power plants.  [17/07/09]

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