Monday, January 28, 2008

Essar Steel To Develop Jetty At Hazira

Ahmedabad: Essar Steel''s expansion plan in Hazira has hit an infrastructure barrier, as the company''s captive port facility is not capable to handle heavy engineering equipment needed for the on-going expansion project at the steel plant. The group has asked urgent approval from the Gujarat Maritime Board (GMB) to construct a Ro-Ro jetty. In a letter dated January 19, 2008, the Essar group has sought necessary clearances on urgent basis to build the jetty. In the Vibrant Gujarat Global Investors'' Summit held last year, Essar SEZ Hazira Ltd, a group subsidiary, had committed investments to the tune of Rs 12, 750 crore to build a steel plant, Hazira plate mill and a deep- water port and allied facilities at Surat.

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