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).
FlashNews:
Why India’s Roads are racing into Global Infra Asset Plans
Will the Road construction target be achieved in 2023-24?
Patel Engineering & JV Partner Secure Rs. 1,818.56 Crore Contract
Invest in infrastructure, Gadkari exhorts industry
Cement demand to outpace supply growth
Indian Army & NTPC arm sign agreement to build green hydrogen plants
Raising of upto Rs 6billion bonds issued by Power Grid Corp
1 GW of pumped storage projects in Karnataka won by JSW and Greenko
PM GatiShakti’s NPG recommends six infrastructure projects
New PPP: PSUs Pivoting to Productivity
What Makes Airlines Nosedive?
RIL & Adani Group withdraw bid to acquire SKS Power Generation
Ahmednagar to soon have its first solar agri-feeder
Brookfield to Acquire KKR’s 50% Stake in Renewable Developer X-Elio
SCHOTT enters PPA with CleanMax for Wind Solar Hybrid Project
Power Grid Corporation receives 6 Special Purpose Vehicles from REC
Power Finance Corporation to receive Rs 165 cr loan from Japan’s JBIC
Delhi aims to meet annual electricity demand through solar power
BCCL signs 1st MDO contract for coking coal extraction
Home » KPT takes over ABGs KCTPL
KPT takes over ABGs KCTPL
Leave a Reply
You must be logged in to post a comment.