Mir Projects & Consultants, a Kochi based company has been awarded the consultancy contract for developing the Vasco Bay at Mormugao Port. The feasibility study for the port done at a cost of Rs.7210 million had been completed. Now, Mir Projects will develop a business model for port related activities. The project is to be developed on DBFOT basis and the developer is likely to be selected by an international bidding.
Mormugao Port to improve coal handling capacities and has awarded a contract to Adani ‘s of Mundra Port. Currently, the port has expertise in iron ore handling with increasing no. of thermal projects coming up in northern Karnataka. For more details click here
Mormugao, a natural deep water port is one of the major port, which accounts for 33% of iron ore export. With development of Konkan railway, its business potential has been enhanced and is constructing berth no.7 and deepening its draft. For more projects and other details click here