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Gangavaram Port

Stage: Venture

Year of Investment: 2007

Web Site : http://www.gangavaram.com

Gangavaram Port, headquartered in Visakhapatnam, India, is the deepest and one of the most efficient cargo-handling ports in India. Warburg Pincus partnered with Gangavaram’s management team during the early stages of port development. The Port began commercial operations in April 2009 and has become one of the key dry bulk cargo ports on the eastern coast of India. It handles a variety of cargoes including coal, iron ore, food-grains and fertilizers. To prepare for the growth ahead, Gangavaram is doubling its rated cargo handling capacity to over 60 million tons. In addition, Gangavaram has partnered with Petronet LNG Limited, India’s leading LNG terminal operator, to set up an LNG terminal at the port.

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