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Kakinada Seaports plans expansion

Kakinada Seaports Ltd (KSPL) is planning to invest Rs. 8000 million to increase its handling capacity to 20 million tonnes. Currently, construction of 3 berths are in progress which will be completed by 2 years, while 6 more will be added over 3-4 years. It also plans to widen and deepen the channel. The company had so far invested Rs. 4250 million to construct 4 berths and related infrastructure. It handles mainly iron ore, coal, phosphoric acid, cement clinker, fertiliser and granite stones.

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