Mumbai: India's Port of Tuticorin will spend about $1.3bn beefing up its cargo-handling capacity and infrastructure. Plans include development of a container terminal, new berths for bulk cargo, and deepening of the harbour basin and approach channel to 12.8 meters to accommodate larger container vessels.
The port aims to augment its capacity from the current 20.55 million tons to 40.6 million tons, port management said in a release.
Tuticorin's throughput for fiscal 2006-07 was 18.7 million tons, up 9 percent from 17.1 million tons in 2005-06. [24/09/07]
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