APMT Pipavav revises expansion plan

The Board of Directors of Gujarat Pipavav Port Ltd. (APM Terminals Pipavav) have revised the port’s expansion plan that envisaged an increase in container handling capacity from the present 850,000 teu to 1.35m teu, a downward revision on the original planned increase of 1.5m teu.

The revised Capital Expenditure (Capex) of INR 4,600m (US$66m) will be phased to include strengthening the existing Berth 3 and dredging berth pockets.  In addition, three new post Panamax cranes will be purchased to replace three existing Panamax cranes.

The plan also allows for the phased development of the container yard, along with the purchase of four rubber tyred gantry (RTG) cranes; the development of internal roads and gate complex and upgrading of electrical and other allied works.