Financial Daily from THE HINDU group of publications
Monday, May 27, 2002

News
Features
Stocks
Port Info
Archives

Group Sites

Logistics - Shipping


Nalco to expand port facilities at Vizag

Our Bureau

With Indian aluminium major, National Aluminium Company (Nalco), wrapping up its Damanjodi refinery expansion programme, it is now focussing on expanding its port facilities at Vizag to meet the increased demand for exports.

As part of this programme, the company has installed the third alumina silo recently. With this, the company's storage capacity of alumina for export at Vizag port is 75,000 tonnes. "We are now capable of exporting more than one million tonnes of alumina from Vizag port," a senior official of the company told Business Line. He said the company was able to earn foreign exchange of Rs 1,200 crore during the last fiscal.

Nalco is, however, keen that the Vizag port increases the draft of the berth at the port that it uses for its export to accomodate higher capacity vessels of 60,000 tonnes. This, according to the company, is necessary, especially as the next phase of expansion by another six lakh tonnes is on the anvil.

Send this article to Friends by E-Mail

Stories in this Section
Air service talks with UK, Singapore in June


Air freight to take off in 2003
Award for Indian Airlines
Productivity-linked rewards scheme: Workers oppose port-wise change
Good intentions, wrong ways
Port privatisation: Running into rough weather?
Equipment failure: Kochi port users all at sea
Nalco to expand port facilities at Vizag
Four in fray for Gangavaram project
No clear signal from BSNL, MTNL on stake offer: RailTel may have private partners
Secunderabad Rly division sets 33-mt freight target
Look who's talking?
Laying roads with plastic waste


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | The Sportstar | Frontline | Home |

Copyright 2002, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line