News

14th August 2017 : Andhra Bhoomi

Gangavaram Port Limited conducted a Mega Medical Camp in Venkannapalem Village - Pedagantyada Mandal. Sri Palla Srinivasa Rao, MLA, Gajuwaka inaugurated the camp.

Andhra Bhoomi

06th August 2017 : Andhra Jyothi

Certificates and sewing machines were distributed for 6th batch of women trained in Sewing Machine Operation under CSR program of Gangavaram Port Limited

Andhra Jyothi

13th April 2017 : Andhra Jyothi

Certificates and sewing machines were distributed for 5th batch of women trained in Sewing Machine Operation under CSR program of Gangavaram Port Limited

Andhra Jyothi

10th April 2017 : Andhra Bhoomi

Gangavaram Port Limited conducted a Mega Medical Camp in H B Colony - Pedagantyada Mandal. Sri Palla Srinivasa Rao, MLA, Gajuwaka inaugurated the camp.

Andhra Bhoomi

04th April 2017 : Andhra Jyothi

Gangavaram Port Limited donated Rs 15.40 lakhs for various development works at Gangavaram Village.

Andhra Jyothi

19th September 2016 : Andhra Bhoomi

Over 550 people have availed free medical services in Mega medical camp organized at Venkannapalem village by Gangavaram Port Limited.

Andhra Bhoomi

25th August 2016 : Eenadu

Scholarships were awarded by Gangavaram Port Limited to merit students in Z P High School, Gangavaram Village.

Eenadu

24th August 2016 : Eenadu

Scholarships were awarded by Gangavaram Port Limited to merit students in ZP High School, Gangavaram Village.

Eenadu

03th August 2016 : Eenadu

Green belt programme of Gangavaram port Limited turns iconic Yarada hill in Visakhapatnam into a lush green hillock.

Eenadu

05th July 2016 : Vaartha

5th batch of women were trained for sewing machine operation under CSR program of Gangavaram Port Limited.

Vaartha

29th June 2016 : Eenadu

Gangavaram port has donated Rs. 5 lakhs (In addition to Rs. 10 lakhs donated earlier) for renovation of Kalyana Mandapam in H B Colony area.

Eenadu

06th June 2016 : Eenadu

World Environment Day was celebrated with much fervor at Gangavaram Port Limited.

Eenadu

30th April 2016 : Andhra Jyothi

Gangavaram Port Limited creates record by discharging 1,56,339 MT of coal in a span of 24 hours.

Eenadu

26th April 2016 : Eenadu

Drinking water was supplied to Rehabilitated villages during summer season.

Eenadu

07th March 2016 : Vaartha

21 lakhs were donated by Gangavaram Port Limited for construction of bio toilets in Vishakhapatnam District.

Vaartha

07th January 2016 : Vaartha

Gangavaram port Limited donated furniture for classrooms to Elementary School at Gangavaram village.

Vartha

07th January 2016 : Sakshi

Sewing machine operation training was given to women under CSR program of Gangavaram Port Limited.

Eenadu

07th December 2015 : Vaartha

Gangavaram Port Limited conducted a Mega Medical Camp in Sri Nagar R H Colony. Sri Palla Srinivasa Rao, MLA, Gajuwaka inaugurated the camp.

Vaartha

06th December 2015 : Andhra Bhoomi

Rs. 3 lakhs were donated by Gangavaram Port Limited under CSR program to improve the facilities at Z P High School in Gangavaram Village.

Andhra Bhoomi

31st October 2015 : Vaartha

Gangavaram Port Limited donated Rs 15 lakhs for Swatch Bharat program.

Vaartha

08th September 2015 : Times of India

Gangavaram Port Limited creates record by discharging 1,12,599 MT of coal in a span of 24 hours.

TOI

26th August 2015 : Andhra Jyothi

Gangavaram Port Limited donated Rs. 10 lakhs for developmental work at H B Colony - Pedagantyada.

Andhra Jyothi

18th August 2015 : Andhra Jyothi

School bags and stationery were distributed by Gangavaram Port Limited to students at Government School in Gangavaram Village.

Andhra Jyothi

10th August 2015 : Vaartha

Mega Medical camp was organized by Gangavaram Port Limited in Nadupur Village.

Eenadu

06th June 2015 : Andhra Jyothi

World Environment Day was celebrated at Gangavaram port. Large scale plantation work was taken up to mark the occasion.

Andhra Jyothi

15th March 2015 : Andhra Jyothi

MLA, Gajuwaka appreciates Management of Gangavaram Port for thoughtful approach for women empowerment under its CSR program.

Eenadu

11th February 2015 : Vaartha

Step towards Swatch Bharat - Gangavaram port contributed 15 lakhs for maintenance of Sulabh complex in Gangavaram Area.

Vaartha

22nd Sept 2014 : Eenadu

Development in villge with CSR funds from Gangavaram Port.

Eenadu

22nd Sept 2014 : Andhra Bhoomi

Gangavaram Port poised for the wellfare activites in the Rehabilitated Villages

Andhra Bhoomi

22nd Sept 2014 : Andhra Jyothi

Will work towards for the development of fishermen community.

Andhra Jyothi

22nd Sept 2014 : Andhra Jyothi

Management of Gangavaram Port in social responsibility activities.

Andhra Prabha

16th Sept 2014 : Vaartha

Gangavaram Port sponsored, Sewing machine Training for 4th batch of woman Gangavaram Port starts.

Vaartha

16th Sept 2014 : Sakshi

Sewing Machine trainig for woman starts

Sakshi

20th Aug 2014 : Eenadu

Woman in Rehabilitated areas taking advantage of CSR programs by Gangavaram Port

Eenadu

5th July 2014 : Eenadu

Woman should take advantage of Gangavaram Port's initiative for woman empowerement : Gajuwaka MLA calls on Woman in Rehabilitated Areas

Eenadu

5th July 2014 : Andhra Bhoomi

Woman should empower for better society : MLA , Gajuwaka

Andhra Bhoomi

3rd July 2014 : The Hindu

Gangavaram Port gesture towards "Vidyasri" Program - Donates 3 Lakhs for the program

The Hindu

3rd July 2014 : Eenadu

Gangavaram Port Contributes to "Vidyasri "Program

Eenadu

14th March 2014 : Eenadu

Gangavaram Port Sponsors its 3rd Phase of training program for Sewing for Woman in Rehabilitated Areas

Eenadu

14th March 2014 : Andhra Jyothi

Free Bus service for participants of sewing machine training program(for woman)

Andhra Jyothi

10th December 2013: The Hindu

Gangavaram Port distibutes Sewing Machines

The Hindu

10th December 2013 : Eenadu

Gangavaram Port's Initiative for Self Reliance of women in Rehabilitated Area

Eenadu

10th December 2013 : Andhra Jyothi

Gangavaram Port distributes Sewing Machiens to women in Rehabilitated areas

Andhra Jyothi

10th December 2013 : Vaartha

Gangavaram Port Distributes Sewing Machines and Ceritificate of Training to Women in Rehabilitated areas

Vaartha

13th September 2013: Eenadu

Gangavaram Port Donates for constructions of temples at Rehabilitated Colony

Eenadu

11th Septemper 2013: Andhra Bhoomi

Gangavaram Port management for the betterment of Rehabilitated people

Andhra Bhoomi

05th August 2013: Sakshi

Gangavaram Port Conducts Medical camp

Sakshi

23rd July 2013: Eenadu

Gangavaram Port Donates for constructions of temples at Rehabilitated Colony

Eenadu

12th July 2013: Eenadu

Gangavaram Port starts  training program for self employement as its fresh CSR initiative

Eenadu

6th June 2013: Vaartha

World Environment Day 2013- Green Belt Development Program started and a Fresh Phase of Green Visakha program Started at Gangavaram Port Limited.

Vaartha

4th May 2013: Andhra Jyothi

Gangavaram Port initiates a fresh CSR Program in Rehabilitated Areas

Andhra Jyothi on 4th May 2013

8th Jan 2013: Andhra Jyothi

Gangavaram Port Handles 100th Cape size Vessel

Eenadu

24th October 2012: Andhra Bhoomi

Petronet LNG terminal at GPL

Eenadu

22nd October 2012: Eenadu News Paper

GPL Organized Mega Health Camp

Eenadu

07th August 2012: The Hindu

GPL provides benches to school

Visakhapatnam: Gangavaram Port Limited on Monday inaugurated the facilities created by it at Zilla Parishad High School at Gangavaram village. The facilities which included school infrastructure plus water and sanitation provisions were inaugurated by Gajuwaka MLA Ch. Venkataramaiah in the presence of former mayor P. Janardhana Rao and former MLA T. Gurumurthy Reddy. The initiative was a part of Gangavaram Port's corporate social responsibility program. As part of CSR, GPL said in a re-lease that it provided basic infrastructure and focused on creating water and sanitation facilities. GPL management provided 165 benches for 500 children to sit in their classrooms, 10 tables and 15 chairs for staff. Wash rooms were built for boys and girl. A bore-well was dug at the school to provide water. Sports kits were also presented to the students. The facilities provided by them would enable the students to study well in a conducive climate, said GPL Senior Vice-President K.R.R. Naidu.

07th August 2012: Eenadu News Paper

Eenadu

07th August 2012: Andhra Bhoomi News Paper

Andhra Bhoomi

07th August 2012: Andhra Jyothi News Paper

Eenadu

07th August 2012: Sakshi News Paper

Eenadu

07th August 2012: Surya News Paper

Eenadu

24th July 2012: Indian Express

Plantation Drive Launched

Plantation DriveVisakhapatnam: The Gangavaram Port limited on Monday inaugurated a massive drive of planting 20,000 saplings near Yarada Hills as a part of the ‘Green Visakha’ project. GPL staff planted saplings of a variety of avenue plants as per the guidelines issued by the ‘Green Visakha’ programme committee. GPL has already undertaken land clearance, pitting and manure work and the entire programme will be completed by the end of August. District collector Lav Agarwal, commissioner of GVMC B Ramanjaneyulu, vice-chairman of VUDA Kona Sasidhar, MLA of Gajuwaka Ch Venkata Ramayya and other officials were also present on the occasion.

21st July 2012: The Hindu

GPL Gesture

Gangavaram Port Private Limited Vice-President Rajaratnam Naidu on Friday handed over a cheque for Rs.1.08 lakh to Greater Visakhapatnam Municipal Corporation for buying 50 bicycles as a part of its corporate social responsibility. The cheque, towards promoting cycling introduced by Municipal Commissioner B. Ramanjaneyulu, was handed over to him.

 

 

 

 

3rd May 2012: Deccan Chronicle

PETRONET LNG TERMINAL AT GANGAVARAM

State-owned Petronet LNG Ltd (PLL) on Wednesday signed a deal with Gangavaram Port Ltd (GPL) to built a land-based liquefied natural gas (LNG) terminal in the country at Visakhapatnam- based private port.

With in as annual capacity of 5Millipn metric tone, the terminal at Gangavaram Port will comprise of facilities for receiving, storage and regasification of LNG. It will be developed with an estimated investment of 5000Crore

The terminal which is the third in the country for Petronet is likely to become operational in next 6 months. The other two are an operational 10 MMTPA terminal at Dahej in Gujarat and five MMTPA terminal at kochi in Kerala.


Petronet LNG Managing director A.K.Balyan said, “The construction work on the terminal is expected to start with a year and it shell be ready to commence operations by 2016”.

The Gangavaram LNG terminal will help meet the growing energy demand of Andhra Pradesh and will also cater to the increasing gas requirements of Eastern and central part on India.

In a statement, the Chief minister’s office said that the terminal will contribute around 2000Crore in Value Added Tax (VAT) every year to the state and provide employment to 1000 people in four years.

Mr.D.V.S.Raju, the Chairman of Gangavaram Port Ltd, said “This will be the only LNG terminal in the entire East Cost of India”.

August 28, 2011: The Hindu Business Line

At 51, Mr D. V. S. Raju, Chairman and Managing Director of Gangavaram Port Limited (GPL), is in a bit of a hurry. He has tasted success in port operations and would, therefore, like to go the whole hog in his present capacity. Gangavaram port, the private facility promoted by him on the Andhra Pradesh coast, received its first vessel in August 2008. In 2010-11, the port, complete with five berths. Handled more than 14 million tonnes of cargo, of which, coal alone was approximately 10 million tonnes (mt).

Mr Raju wants to add to the port's capacity by constructing, at the earliest, four new berths - one fully mechanized coal berth and three other multi-purpose berths.

“I would like see the new berths commissioned by October 2013, to achieve a port capacity of about 44/45 mt,” he remarks. The funding, he says, will be a combination of internal generation, loans from banks and external commercial borrowing, roughly in the ratio of one-third each. There is no immediate proposal for a public issue.

THE ENTREPRENEUR

This might come as a surprise to many, particularly those who are judging Mr Raju from his past, would love to see him more as a venture capitalist than anything else. , Mr Raju was promoter Managing Director of Satyam Computer services ltd, but got out of it at the right time. He floated Visual Soft Technologies Ltd, but again sold it. He holds a Master's in computer engineering from Ohio University, USA.

“My first brush with port operations started in the early 2000s. when my IT firm started providing services to Dubai port and, in the process; I was drawn to port operations, its intricacies as well as huge potential, particularly for a country such as ours. That was the time when the Andhra Pradesh Government, too, was talking about a private port at Gangavaram, and I took the plunge,” he says. “We were awarded contracts through bidding in 2002 and signed in 2003 the concession agreement whose scope remains unchanged till today.”

In India, winning a contract is one thing and starting work is another. There were so many hurdles which had to be overcome before the actual work could start in 2005. So much so that Dubai Port World, that had agreed to partner with Mr Raju in the project, withdrew in the face of resistance from various quarters.

GLOBAL PARTNERSHIPS

The proposal from a Malaysian firm for partnership too didn't make much headway. The change of government in the state threw up myriad challenges which were handled deftly. Finally, a foreign private equity fund stepped in and held 30 per cent of the equity and the Andhra Pradesh Government another 11 per cent, with the majority 59 per cent being held by Mr Raju. Also, a five-year operation-and-management contract has been signed with Portia Management Services, the port consultancy arm of the Liverpool Port Authority and Mersey Docks & Harbour Company, UK.

The GPL CMD dismisses the venture capitalist theory, emphasising that he has no plans to sell his stake in GPL. The report published in this regard has no basis, he makes it clear. “The rumour was probably floated by interested groups during the long period of my absence when I was away at the US for treatment,” he says, adding, “I'm now fully in saddle with full cooperation from my son, Raj, and several senior executives and we're all fully committed to the growth of Gangavaram port.”

More importantly, he is looking into new opportunities in the port sector, both within the country and outside. Outside, it could be Australia, Europe, Southeast Asia and even Africa. “But in Africa, the regulatory framework is not properly structured; also, it is difficult to compete with China which has an overwhelming presence there,” he says.

In Europe and several other parts of the globe, there are investors who hold equity in port projects only for investment purpose. Some of them may be interested in selling their stakes. “But we would not be content with being a mere investor; we'll most certainly participate in day-to-day operations.”

PORT INVESTMENTS

In India, with the land acquisition issue becoming increasingly complex, venturing into a ‘greenfield' project is out of the question. Participation in construction and operation of port terminals is one of the options being considered. “But then, the kind of revenue-sharing being offered is not only mind-boggling but also defies all logic,” he remarks. “I'm not sure how one could make money and still carry on with normal operation on a revenue-sharing of more than 50 per cent.”

Another issue which is causing concern is the proposal to bring private ports also under a regulator. “A regulator is welcome for security and safety-related issues but certainly not for fixing the tariffs,” he says, emphasising, “let the market determine the tariffs; after all, efficient services must command efficient price.” Also, the kind of regulatory mechanism ideal for the power sector catering to millions of ordinary consumers cannot be suitable for the port sector, whose customer profile is very different.

Referring to the mushrooming of ports on the eastern seaboard, he only hopes that the promoters of these projects are aware of the challenges in port operations. The hinterland of container traffic can be vast, as the boxes to and from Punjab pass through JN port, but this need not be true about dry bulk cargo, whose onland haulage across long distance may not be cost-efficient.

The east coast ports are generally dry bulk cargo handling ports. “But then, if the economy grows at the projected eight to nine per cent, there will be more steel production and power generation and the slice of pie will become proportionately larger and hopefully there will be room for everyone to grow. I'm an optimist,” he adds.

Gangavaram Port in expansion mode

April 24, 2012 : The Hindu

The Hindu IN GROWTH MODE: A view of the Gangavaram port in Visakhapatnam.

Work is going on in full swing and it is likely to take 24 months

Gangavaram Port Limited (GPL), which owns an all-weather deep water satellite port under Public Private Partnership programme, has commenced construction work in full gear to achieve a cargo handling capacity of 40.95 million tonnes.

A spokesperson for GPL told The Hindu that the construction work for expansion was going on in full swing and it was likely to take 24 months to complete the expansion project. At present, Gangavaram Port has a capacity to handle 16.54 million tonnes per annum. After its formal inauguration in 2009, it has finalised the first phase of expansion. At present, it has five deep draft fully mechanised berths.

The expansion project includes one coal and three multipurpose berths and additional stacking area. The management at the time of public hearing held last year had stated that it would have most modern mechanised cargo handling system, additional storage and evacuation facilities to meet future requirements.

In lieu of 1,800 acres of land, the government will have equity of 11 per cent. Visakhapatnam Port, owned by the Visakhapatnam Port Trust, is on massive mechanisation and modernisation mode and is getting ready to handle 110 million tonnes by 2014-15.

PREMIER PORT

Visakhapatnam Port is one of the premier ports among 13 major ports.

It handled 67.41 million tonnes during 2011-12 as against previous year's 68.04 million tonnes, the second highest after Kandla. The cargo handling fell down marginally over the previous year due to dislocation caused by ongoing expansion work and fall in iron ore exports.

Gangavaram Port, which has the advantage of being a Greenfield port, handled a throughput of 14 million tonnes during 2011-12 compared with previous year's 13.93 million tonnes.

It handled 9.5 million tonnes of coal, 2.14 million tonnes of iron ore and 1.91 million tonnes of other cargo during 2011-12. In the previous year, it handled 9.52 million tonnes of coal, 2.58 million tonnes of iron ore and 1.83 million tonnes of other cargo.

Asked why the cargo remained almost the same, the spokesperson pointed out: “The basic reason for the overall cargo numbers remaining the same is the unprecedented decline in iron ore exports, a concern faced by all ports across the country.

Gangavaram Port to pay property tax to GVMC

14th April 2012 : The Hindu

It hands over cheque to the Municipal Commissioner

Resolving a long pending impasse over payment of property tax, Gangavaram Port has agreed to pay 35 per cent of the tax in cash and the remaining 65 per cent for development of areas in the vicinity of the port.

The Gangavaram Port management on Friday handed over a cheque for Rs.86.1 lakh, being 35 per cent of the tax payable since 2009, to Municipal Commissioner B. Ramanjaneyulu.

The government has declared the port industrial area local authority (IALC) and a notified area resulting in its not paying property tax which drew severe criticism from the Opposition. The criticism became sharper with the steep hike in property tax by the corporation and citing its lack of resources for a rollback. Municipal Commissioner B. Ramanjaneyulu took up the issue and the State-level Notified Areas Committee met thrice in the last six months to thrash out the issue. The final decision was arrived at a meeting in Hyderabad on Wednesday.

Mr. Ramanjaneyulu said the corporation provided houses under JNNURM by footing 30 per cent of the cost to those displaced by giving land to the setting up of the port. Besides infrastructure was created and the port was being supplied water, he said.

He said in spite of being declared IALC and coming under the Notified Areas Committee, Gangavaram port had responded positively to the GVMC's request to pay the property tax. As the port expanded, the scope for GVMC improving its revenues would improve.

Gangavaram Port Trust Vice-Chairman Rajaratnam Naidu said following a request by the commissioner the port would foot 50 per cent of the cost for central lighting from Karnavanipalem junction to Gangavaram port main gate and the roads leading to the port. It will also contribute 50 cycles to GVMC cycle club.

Additional Commissioner S. Krishna Murthy, Chief Engineer B. Jayarami Reddy, Deputy Commissioner (Revenue) M. Viswanadham and Notified Area Committee special officer Purushottam participated.