DelhiScoop.com
HOME | TOURISM | INFO TECH | NEWS | REAL ESTATE | HEALTH | INFRASTRUCTURE | EDUCATION | CONTACT US - SANJAY @ 98 119 87371

Tata Steel Keen To Build Captive Jetty On Haldia River Front


By Unregistered Visitors, Section News
Posted on Thu Oct 11, 2007 at 03:10:01 AM EST

Tata Steel is keen to have its own jetty on the river front at Haldia.

"We will design, construct and develop our own captive riverine jetty at Haldia to meet our export import throughput requirement," says Mr B. Muthuraman, Managing Director of Tata Steel, in a letter to the Chairman of Kolkata Port Trust.
Jetty features

The letter also explains the kind of facility Tata Steel would like to have. The location of the jetty should be outside the lockgate but not far from the existing oil jetties on the riverfront.

The proposed jetty will primarily handle clean cargo and have the final capacity of two million tonnes (mt) annually. The draft of the Hooghly river at the jetty should be the same as that at present.

There should be an open back up storage space of 15 acres with a railway siding of 800 metres. The cost of the project complete with two mobile harbour cranes and back up area has been estimated at Rs 100 crore.

To finish project in 2 yrs Setting the time limit for the project, the Tata Steel Managing Director has expressed his desire to have the jetty commissioned on September 1, 2009, exactly two years from now. The plan is to sign the concession agreement by May 2008, start construction of the jetty and development of backup facilities by September next year and complete construction and installation of equipment by August 2009.

Tata Steel's current throughput of export-import traffic at Haldia is around two million tonnes, around 90 per cent being the import of raw materials such as coking coal, limestone, coke and other materials. The raw material requirement is projected to rise many times more with the completion of the expansion of the company's Jamshedpur plant, from the present five million tonnes to seven mt by the middle of 2008 and further to 10 mt by 2010. Tata Steel also proposes to set up at Jharkhand a greenfield steel plant of the capacity of 12 mt in two phases.

"The projected increase in our traffic calls for a dedicated berthing and handling facility captive in nature at Haldia which is and will continue to be an important gateway to exports and imports of not only Tata Steel but also other group companies," Mr Muthuraman has observed.

It might be noted that a few years ago TM International Logistics, a joint venture between Tata Steel and Martrade of Germany, acquired on long-term lease a berth (No. 12) at Haldia for captive use. The throughput of the berth was 1.17 mt in 2005-06, 0.89 mt in 06-07 and 5.34 lakh tonnes so far in the current fiscal.

Haldia-based Hooghly Metcoke, a joint venture between Tata Steel and West Bengal Government to produce coke for steel plants, too has shown interest in having its river front jetty at Haldia, it is learnt.

Source:http://www.thehindubusinessline.com

< SBI,Has Decided To Cut Interest Rates On New Housing Loans | IFBI & HDFC Bank To Train Upcoming Bankers >
Display: Sort:
Display: Sort:
Win A Jeans Twice a Week
&
Win A Kurta 7 Days A Week
MEMBERS AREA

Make a new account

Username:
Password:
 ACTION CENTER

Internet Services

Who's Online? (6)

. Sumit Kumar
. Unregistered Visitors (5)

Note: You may cloak yourself from appearing here in your Display Preferences.

Site Stats

No Access

Recent Comments

. GOOD ATTEMPT (khurshid anwar)

. Private investment is must for countries growth (khurshid anwar)

. comment (syeedunsyd)

. comment (syeedunsyd)

. Gift Tax (Mrs Gupta)

. DTDC (tanay253)

Recent Member Diaries


More Diaries...

Front Page

Friday November 14th
. The Second Quarter's Results Confirmed Realty Pains, Buyers Are Not Easy To Find, Which Means Losses (0 comments)

Thursday November 13th
. Healthcare And Real-Estate Groups Come Together To discuss 'Healthcare Infrastructure' in Kolkata (0 comments)
. Realtors Shift Focus To Budget Housing, Fears of Recession Players To Re-Draw Strategies (0 comments)
. India Beckons For Those Who Flew The Nest, With A Booming Economy, And The CWG In Their Sights (0 comments)

Tuesday November 11th
. Flyover For South Fringe To Taratala For Faster Connectivity With The City Proper (0 comments)
. KIIT Plans Rural Management Course For Working Executives From The 2009-10 Academic Sessions (0 comments)
. Flop Show: Development Agency Set Up By Buddhadeb Bhattacharjee Stays On Paper (0 comments)
. Current Slowdown In Domestic Realty Mkt Impacts Liquidity Profiles Of Real Estate Companies (0 comments)

Monday November 10th
. Indians To Get Unique Identity Number For All Residents Of The Country Soon (0 comments)
. DLF Shelves India's Biggest Mall ,Co Claims Work In Full Swing, But Mall Of India Site Loks Deserted (0 comments)
. IT Vendors Offer Cut-Rate Deals To Beat Slowdown , Give Up To 40% Discounts On Software Products (0 comments)
. Real Estate Firms Have Hope: Govt Making Lending Easier To The Sector (0 comments)
. Realty Players Hold On To High Prices Despite Slump (0 comments)
. 3 Lakh Travel Agents May Lose Job With Airlines Stopping Payment Of Commission To Them From Nov 1 (0 comments)
. Subhiksha Puts Off Stores Plan Due To A Slowdown In The Retail And The Real Estate Eectors (0 comments)

Friday November 7th
. India Government Warns On Illegal Real Sstate Sales To Foreign Buyers (0 comments)

Thursday November 6th
. Schools Can't Shift Students To Branches If Fail To Meet Cut-Off marks In Xth board examination:SC (0 comments)
. Merlin Group Plans To Invest Rs 40 crore To Build Budget Apartments In Kolkata (0 comments)
. Australia Mulls Exchange Scheme For Mining Students With Indian School Of Mines At Dhanbad (0 comments)
. Collision averted at airport, Kingfisher plane rolls on to runway as Jet aircraft makes descent (0 comments)

Wednesday November 5th
. Forget Nano, Chinese Car Maker Eyes 600 acres In Singur To Set Up A Small Car Factory In Bengal (0 comments)
. West Bengal Pollution Board Gives Ultimatum To 31 Industries in Durga Pur (0 comments)
. Office Rentals Fall Up To 14 per cent During July-September Period ( Q3 ) (0 comments)
. 1 lakh skilled jobs to be generated in 5 years (0 comments)
. What Recession? Indian Institute of Management Kozhikode's (IIM-K) Bags 14 Global Summer Placements (0 comments)

Older Stories...


All trademarks and copyrights on this page are owned by their respective companies. Comments are owned by the Poster. The Rest (c) GurgaonSCOOP.com and QBTPL.
submit story | create account | faq | search