V.O. Chidambaranar Port Trust and TANGEDCO Sign MoU to upgrade Coal Jetty-I&II

V.O. Chidambaranar Port Trust and TANGEDCO Sign MoU to upgrade Coal Jetty-I&II

Question: V.O. Chidambaranar Port is located in …
(a) Tamilnadu
(b) West Bengal
(c ) Maharashtra
(d) Goa
Ans: (a)
Related Fact :

  • On May 15, 2017 The V.O. Chidambaranar Port Trust signed a Memorandum of Understanding with Tamil Nadu Generation and Distribution Corporation Limited (TANGEDCO) for the upgradation of Coal Jetty I and II.
  • The project is the outcome of Ministry of Shipping’s Project Unnati, under which a study, ‘Unlocking National Ports Potential’ was done to improve the handling capacity of CJ-I & II.
  • The estimated cost for upgrading CJ-I & II is about Rs.800 Cr. As per the MoU, initially Coal Jetty-I will be upgraded in about 24 months by constructing a new Coal Jetty-I of 300m x25m along with repair of the existing CJ-I. CJ –II will be upgraded thereafter. The upgradation will give a competitive edge to VOC Port and will help it maintain its lead position in coal handling.
  • The MoU will help the Port to four-fold increase the capacity of two of its Coal Jetties – Jetty I and II from 6.25 MTPA to 24 MTPA.
  • It would make coal handling by the jetties much more voluminous and efficient, and thus bring down logistics costs.
  • With the upgradation of the coal jetties, TANGEDCO will be able to handle additional volume of coal cargo for the upcoming new power plants in Uppur and Kadaladi in Ramanathapuram district in Tamil Nadu.
  • Since the power generation from TANGEDCO’s Tuticorin plants being linked to the National Grid, this would enable availability of additional power at reduced costs, which, in turn, can fuel industrial growth and employment generation.

Reference:
http://pib.nic.in/newsite/PrintRelease.aspx?relid=161792