Home » KPT takes over ABGs KCTPL

KPT takes over ABGs KCTPL

Ports & Shipping
November 1, 2013November 1, 2013
KPT takes over ABGs KCTPL
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Kandla Port Trust (KPT) has secured the Kandla Container Terminal´s (KCTPL) Rs 110 crore debt lent by Axis Bank and UCO Bank. The takeover has been done in the proceedings before the Gujarat High Court. Kandla Container Terminal is a subsidiary of ABG Infralogistics. The KPT terminal takeover includes the licensee assets (all assets of KCTPL).

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