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Our commitment to serving our customers has led to various public-private partnerships to de-bottleneck logistics

 

  
Our partners

Our commitment to serving our customers has seen us taking the lead in various industry fora like the FICCI, Railway Board, CII, EZMA, FIMI and CAPEXIL among others. This ongoing engagement has led to various public-private partnerships to de-bottleneck logistics.

Key initiatives include:

Chudamani Port: Essel Mining & Industries Limited (EMIL) has signed a MoU with the government of Odisha for the development of an all-weather captive port under BOO basis in Bhadrakh district. The port will be developed in a phased manner, and in Phase I, a minor port with capacity of 3 million tonnes is expected to be operational by the first quarter of 2013. The port will initially be connected by road and the rail link will be established in the subsequent phase.

The first phase of the Chudamani Port project is being developed at a cost of about Rs 600 crore, as a captive port for the use of the Aditya Birla Group companies as a gateway to Odisha and Jharkhand, to reduce logistics cost and dependency on external agencies for export / import and coastal cargo movement. Apart from iron ore exports, the port is also expecting traffic out of a cement grinding unit and power plant envisaged in the area.
Haridaspur-Paradip rail link line: We are equity partners in the Haridaspur Paradip railway line, an SPV formed for setting up the 82km-long Haridaspur Paradip Rail link line. The railway line will shorten the distance to Paradip Port from the mines of Banspani area by approximately 40 km and will also create a direct line from the mines to the already congested Paradip Port.
Private railway sidings: EMIL has its own private railway siding inside the mines, which is the best in the sector. Another private siding at Apphatu is on the anvil for operation.
Participation in Wagon Investment Scheme (WIS): To add to the rolling stock share of the iron ore industry, EMIL has entered into WIS agreements with the East Coast Railways (ECoR).
Terminal incentive-cum-engine on load scheme (TIELS): In an attempt to improve our overall efficiency in wagon loading, we have entered into TIELS agreement with the South Eastern Railways (SER).
Road construction and repairing: We actively participate in various road construction and repairing projects in the vicinity. We are equity partners with the state government of Odisha in constructing a 28km-long four-lane road on the national highway from Palaspanga to Bambebarri.
 

   
 
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