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VO Chidambaranar Port Readies Rs 42K-Cr Capex

VO Chidambaranar Port Readies Rs 42K-Cr Capex

VO Chidambaranar Port Readies Rs 42K-Cr Capex
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23 Dec 2024 7:07 AM IST

Tuticorin(Tamil Nadu): VO Chidambaranar Port, one of the popular seaports of Tamil Nadu, has earmarked Rs41,860 crore worth of investments, aimed at making it the Green Hydrogen-Ammonia hub of the country, a top official said.

The port has also taken measures to augment capacity after witnessing an increase in cargo handling this year. VO Chidambaranar Port has handled a cargo volume of 29.70 million tonnes (MT) including 5.62 lakh TEUs of containers till December 19, 2024, this is an overall growth of 1.87 per cent and 6.74 per cent, respectively.

With the ever-increasing trend in cargo handling, the Port has initiated several strategic capacity augmentation.

Green Hydrogen-Ammonia hub VO Chidambaranar Port Tamil Nadu seaports cargo handling growth strategic capacity augmentation investments in port infrastructure port development projects container handling 2024 cargo performance sustainable energy initiatives port expansion plans 
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