Within the special economic zone (SEZ) limit of Mundra Port, Adani Ports and Special Economic Zone (APSEZ) proposes to set up a ship-breaking yard in about 40 hectare land. The Adani Group firm reportedly plans to set up the yard close to a boundary of the existing Mundra West Port in the next one or two years with an initial target of dismantling and recycling 40 ships every year
Tag: Adani group
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Ministry panel for cancelling part of Adani’s SEZ project
A committee under the union environment ministry recommended the ministry to cancel the clearance for the northern part of Adani Group's Mundra Port and Special Economic Zone. The committee, headed by Sunita Narain, director-general of Delhi-based Centre for Science and Environment, alleged Adani Group with violating green norm
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Budget 2013: Industry reactions
Budget 2013 has been an impetus for infrastructure sector. Industry leaders welcomed the various progressive measures taken in the budget.
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Adani Group to strengthen presence in port sector
Adani Group, which operates Adani Ports in Gujarat, plans to strengthen its presence in the port sector by lining up greenfield projects and also by acquiring some port companies. As part of this strategy, the group is constructing ports in Hazira, coal berths in Mormugao and Vizag and a dry b
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Adani reportedly finanlises deal to acquire Dhamra Port
At a recent meeting with L&T Chairman AM Naik and Tata GroupĂâs new Chairman Cyrus Mistry, Adani Group Chairman Gautam Adani finalised the deal to acquire Dhamra Port Company (DPCL) in Odisha, reports suggest. During the meeting, the terms and conditions of the deal, which involves acquiring stakes of the construction major Larsen & Toubro (L&T) and Tata SteelĂâs stakes in DPCL, was finalised
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Adani Group eyes port in eastern India
Expecting tremendous potential for the port sector, Adani Group plans to spend around $1 billion to acquire a private sea port on the country's eastern coast before March 31. Gautam Adani, Chairman of the firm said this in an interview. Adani Group, which runs one of India's largest ports, at Mundra in western India, is also developing ports in Da
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Land Search For IOC Project
Indian Oil Corporation (IOC) is said to be searching a site for its proposed 15 million tonne refinery on the west coast. The company has reportedly approached Adani Group and Shapoorji Pallonji Group for land for the Rs 30,000 crore project. The refinery is to come up by the 13th five year plan and the firm plans to raise its refining capacity to 100 million tonnes by 2021-22.
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Adani to take up transmission projects
Adani Group is gearing up to bid for power transmission line development projects, a segment so far dominated by two private sector companies that have bagged most of the projects.
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Adani to take up transmission projects
Adani Group is gearing up to bid for power transmission line development projects, a segment so far dominated by two private sector companies that have bagged most of the projects.
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Being global has its rewards!
Indian power companies are often global by compulsion, seeking coal from mines acquired abroad. Adani Mining Pty, the Australian arm of the Adani Group,commenced its mining exploration programme in the Galilee Basin in Queensland, Australia.Now, the Adani Group is the single largest Indian investor in Australia in coal mining, creation of dedicated railway infrastructure to transport the coal to ports and dedicated coal terminals such as Adani Abbott Point Coal Terminal.