Location

Chancay, Peru, 60 kilometers north of Lima.

Construction Partners

Chinese COSCO Shipping and Peruvian Volcan Mining.

Belt and Road Initiative

Part of China's Belt and Road Initiative, with COSCO holding a 60% stake, and Volcan Mining holding 40%.

History

Initiated in 2007 by Admiral Juan Ribaudo de la Torre, with the Chancay Port Terminal (TPCH) established in 2011. COSCO joined in 2019.

Inauguration

Virtual inauguration on November 14, 2024, attended by Xi Jinping (China) and Dina Boluarte (Peru).

Capacity

First expansion phase can handle 1 million containers annually. Initial phase includes 4 jetties, 400 meters long.

Strategic Location

Near Callao Port, Jorge Chávez Airport, and the Amazonian Interoceanic Corridor, designed for vessels over 18,000 TEUs.

Operational Goals

Transport 1 million TEUs and 6 million cargo items annually.

Business Structure

COSCO Shipping holds 60%, Volcan Mining 40%. COSCO has exclusive use per Peruvian law.

Industrial Park

Chancay Industrial Park, with logistics, industrial zones, service and technology complexes, and residential regions to be developed in four phases.

Origin

Aravalli Range, Udaipur District, Rajasthan.

Course

Travels in Gujarat, joining tributaries like Wakal, Sei, Harnav, Hathmati, and Watrak before draining into the Gulf of Khambhat.

Major Tributaries

Watrak, Wakal, Hathmati, Harnav, Sei rivers.

Flow Characteristics

Seasonal river with flows dominated by the monsoon, little to no flow post-monsoon.

Floods

Largest flood recorded in 1973 with 14,150 m³ per second at Dharoi.

Significance in Hinduism

Believed to have originated due to the penance of ascetic Kashyapa, with connections to Shiva and the Ganges River.

Historical Texts

Mentioned as Shvabhravati (10th century) and Sambhramavati (11th century).

Cultural Significance

Mahatma Gandhi's Sabarmati Ashram was located on the river’s banks.

Pollution

The Kheroj-Vautha stretch is among the most polluted in India (2018 CPCB assessment).

Dams

Dharoi Dam, Hathmati, Harnav, Guhai, Meshvo, Watrak dams, and the planned Kalpasar project.

Narmada Link

Water from the Narmada River released into the Sabarmati in 2002 through the Sardar Sarovar Dam.

Economy

The Sabarmati Riverfront project aims to reduce pollution, increase tourism, and prevent floods.

The second phase received approval in 2020. It is listed among KPMG's top 100 innovative global infrastructure projects.

PRACTICE QUESTION

Q.Chancay Port, recently in the news, is located in which of the following countries?

(a) Chile

(b) Peru

(c) Ecuador

(d) Colombia

Answer: b

Explanation:

The Port of Chancay is a shipping terminal located in Chancay, Peru. It was built by Chinese state-owned shipping and logistics company COSCO Shipping in association with the Peruvian company Volcan. The port is part of the Belt and Road Initiative; and according to Peruvian law, it is considered a private port for public use, granting the operator exclusivity to provide port services.