Port of Visakhapatnam handles 73.73 mn tonnes of cargo
Deccan ChronicleVISAKHAPATNAM: For the fiscal year 2022-23, the Port of Visakhapatnam handled 73.73 million tonnes of cargo, the highest in the port's history, compared to 69.03 million tonnes during the same period in the previous year, representing a 7 per cent increase. The previous highest was 72.72 million tonnes achieved in the 2019-20 financial year, said the chairman of Visakhapatnam Port Authority K. Rama Mohan Rao. The chairman said at a press conference in Visakhapatnam on Friday that steam coal cargo handling increased by 67 per cent, from 70.05 lakh tonnes in 2021-22 to 117.10 lakh tonnes in 2022-23, and crude oil increased by 13 per cent, from 142.49 lakh tonnes in 2021-22 to 161.25 lakh tonnes in 2022-23. The chairman stated that as part of establishing VPA as a landlord port, three PPP projects totalling ₹ 655 crores were awarded to various agencies, with another two projects in the advanced stage of awarding.