Gangavaram Port

Gangavaram Port, located in Andhra Pradesh, is India's deepest port and began operation in 2009. Inaugurated in July 2009, it has a depth of 21 meters. It is managed by Gangavaram Port Ltd. The company is owned by the DVS Raju Group (59%), global private equity firm Warburg Pincus (30%) and the Andhra Pradesh Government (11%).

In 2011 it was reported that coal accounted for 70 percent of the port's total traffic – 10 million tonnes out of a total of 14 mt in the years 2010-2011. As capacity at the port increases by 2013-2014, coal will only account for 50% of the port's capacity.

Related SourceWatch Articles

 * India and coal
 * Coal terminals