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Essar Ports registers cargo handling of 11.23 MT for quater ended June 2020
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Essar Ports registers cargo handling of 11.23 MT for quater ended June 2020

India Blooms News Service | @indiablooms | 07 Jul 2020, 09:58 am

Mumbai/UNI: Essar Ports on Tuesday said that company has recorded an impressive cargo handling of 11.23 million tonnes (MT) for the quartrer ended June 30,2020, with June 2020 cargo growing by 75 pc compared to the April tonnage.

In April 2020, there was a dip in cargo handling on account of dwindling production of its key customer mainly power and steel companies, a company release said.

In the first quarter of FY2020-21, businesses have been on the move to optimise, reinvent and remain relevant so they could return to old performance levels.

Essar Ports one of the country's largest private sector port and terminal developers and operators said that due to lockdown across India to check the spread of COVID-19. Business operations came to a halt and all industries were affected.

''Essar Ports takes pride in manifesting the honourable PM's dream of an Aatmanirbhar Bharat. In June 2020, Unlock#1 was unleashed across the country, and the economy immediately started displaying green shoots of recovery. Our terminals, which remained operational despite challenges faced through the successive phases of the lockdown, have clocked an impressive cargo handling of 11.23 MT. We are well placed and prepared to ensure the nation’s economic engines are up and running in the most efficient manner,'' said Mr Rajiv Agarwal, CEO & MD, Essar Ports Limited.