
Leighton Contractors India,
a subsidiary of Leighton
Group of Australia, has
drawn up an investment
plan for two port projects in India.
The company plans to invest
about $50 million (approximately
`220 crore) in Visakhapatnam
(Andhra Pradesh) and Paradip
(Orissa) ports in a consortium with
Sterlite Industries Ltd, a Vedanta
Group company.
While the companies will jointly
mechanise coal-handling facilities
at Visakhapatnam Port, they
will develop a multipurpose berth
for clean cargo at Paradip Port.
At Visakhapatnam Port,
Leighton will undertake construction
work that includes
widening the existing 350-metre
long general cargo berth by 21
metres for coal unloading, as
well as providing foundations for
2.5-km conveyor gallery and the
construction of a new stockyard
and administration building.
Work is expected to begin in July
and completed by mid-2012.
The Paradip Port project
involves the construction of a
405x32 metre berth with expected
capacity of 5 million tpa. All berth
construction, soil improvement
and civil works associated with
the 9.2-km new rail link will be
undertaken by Leighton India.
Work on the project will start later
this year andcompleted in 2012.
Russell Waugh, Managing
Director, Leighton Contractors
India, said: "The Indian market
presents enormous opportunities
for Leighton, and we are well positioned
with a strong mix of international
experience and local
knowledge to capitalise on the
pipeline of projects coming forward
over the coming years."