Essar Ports witnessed a dip in its cargo handling in April 2020 due to dwindling production of its key customers—mainly power and steel companies.
However the company stated that during Q1 FY21, which is the quarter ending 30 June 2020, Essar Ports recorded an impressive cargo handling of 11.23 million tonnes (MT), with June 2020 cargo growing by 75% compared to the April tonnage.
“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.