Now container terminal at Jaigadh Port
Jindal Company will be constructing a container terminal at Jaigadh Port
Ratnagiri: A major contributor to the district’s development, Jindal Company will be constructing a container terminal at Jaigadh Port. The Company aims to invest Rs 2000 crore in the project which will help to boost the exports from this port.
The process to erect this 1 km long terminal is in last stage with the target to complete within two years. The Company hopes to complete the project by Jan-Feb 2016.
Jindal Company is also said to be planning to erect a Natural Gas Terminal to produce eight million tons in near future with investment of about Rs 5000 crore.
The Jaigadh Port was developed by the Company on ‘build, use and handover’ policy. Currently, limited quantities of exports are taking place at this port but the container terminal will act as a boon to raise export from here.