Krishnapatnam Port to Set Up Liquid Cargo Terminal
10.15.2018 - NEWS

October 15, 2018 [The Hindu] - Krishnapatnam Port Company Ltd., (KPCL) near Nellore in Andhra Pradesh, is planning to set up one of the biggest liquid cargo terminals on the east coast along with three terminals, said a top official.


“We have set aside 900 acres of land and ₹500 crore to ₹700 crore for this diversification-cum-expansion plan,” said Anil Yendluri, chief executive officer and director, Krishnapatnam Port. “Civil works are on and the liquid cargo terminal will be ready in 18 months.”

As per the plan, KPCL would set up one berth on the north side measuring 400 acres and three berths on the south side of the port measuring 500 acres. Bharat Petroleum Corporation Ltd. has taken up 100 acres of land on the north side to put up a storage tank.

“So far, we have been focusing on general cargo. As part of diversification, we are now going to handle liquid cargo. The need for liquid cargo is growing more than general cargo. Hence, we are setting up a new liquid cargo terminal,” he said.

In talks with big players

According to Mr. Yendluri, the port is in talks with several players to set up one of the biggest liquid cargo terminals. The port would provide the basic infrastructure such as jetties to berth two vessels, pipelines to handle petroleum oil and lubricants, dredging and rail connectivity. KPCL currently has 14 operational berths that handle coal, iron ore, edible oil, bulk and break bulk cargoes. In the first six months of the current year, it handled 29.12 million tonnes of cargo against 45 million tonnes for 2017-18.

—————————-

TankTerminals.com – Research, Market and Expand Your Presence within the Tank Storage Industry. Learn more.

IKAV, VTTI Buy Majority Stake in Italy's Biggest LNG Terminal
03.28.2024 - NEWS
March 28, 2024 [Reuters]-Dutch infrastructure group VTTI and German asset manager IKAV have teame... Read More
Neste Oyj : Supplying Sustainable Aviation Fuel to Emirates for Flights From Amsterdam Airport Schiphol
03.28.2024 - NEWS
March 28, 2024 [Market Screener]-Neste has started supplying sustainable aviation fuel (SAF) to E... Read More
France Gets EC Nod for EUR-900m Biomass, Hydrogen State Aid Plan
03.28.2024 - NEWS
March 28, 2024 [Renewables Now]-The European Commission (EC) has approved France’s plan for a E... Read More
A Milestone Moment Port Arthur LNG Celebrates One Year of Achievement
03.28.2024 - NEWS
March 28, 2024 [Storage Terminal Magazine]-The groundbreaking ceremony for the Port Arthur LNG Ph... Read More