Mormugao Port Authority to auction land for bulk liquid storage

Mormugao Port Authority (MPA) has put two parcels of land up for auction in India, for bulk liquid cargo terminals. A total of 5,067 m2 of land is being auctioned off. Terminals can be built and operated for five years.

A 1,176 m2 parcel of land near the coal dumps has been identified as a potential location for a bulk liquid terminal. There are two existing bulk liquid storage tanks with a total capacity of 7,800 m2. A further 3,891 m3 has been identified for another storage terminal.

The aim is for MPA to gain revenue and also gauge the demand for a wider variety of cargo in the area.

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Source: www.tankstoragemag.com