Mundra Port boosts coal imports

Mundra Port boosts coal imports
Thursday, 16 Jun 2011

The country's largest private port Mundra Port expects to import 40% more coal this year and open a liquefied natural gas terminal by 2015 to meet the growing power demands of India.

A Mundra port executive that Mundra will handle more than 20 million tonne of coal imports, up from 14 million tonne last year, to supply new power plants operated by its sister company Adani Power and utility firm TATA Power.

Mr Unmesh Abhyankar COO of Mundra told reporters on the sidelines of an industry conference that "Over 9,000 megawatts of power will be coming onstream over the next two years in Mundra and the only way to get coal to them is through our port.”

The company, a unit of Adani Enterprises, expects to handle more than 70 million tonne of cargo this year, up from 52 million in FY12.

Mundra imports mainly containers, coal and crude, with each constituting about 25% of all cargo at the port.

(sourced from BS)