VPT signs MoUs worth ₹58,831 crore Updated: Updated: The port trust enters into pacts for capacity expansion, dredging and harbour operations Share Article The port trust enters into pacts for capacity expansion, dredging and harbour operations The Visakhapatnam Port Trust (VPT) on Friday several memorandum of understanding (MoUs) worth ₹58,831 crore with stakeholders, ahead of the second Maritime India Summit, scheduled to be held in the city from March 2 to 4. An MoU was signed between the VPT and the HPCL worth ₹28,264 crore for capacity expansion. The ArcelorMittal Nippon Steel India also entered into a pact worth ₹600 crore with the VPT for enhancing the present capacity of the AMNS pelletisation plant.