IL&FS is planning to set up a captive port in the district of Cuddalore in Tamil Nadu. The port will be developed and run by Adani Port, say sources. Sources said Adani Group will construct and run the port. The port project cost is estimated to be around `300 crore.
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Tag: Adani Port
APSEZ eyes southeast coast
According to reports, Adani Ports and SEZ (APSEZ) is seeking further acquisitions after taking over Dhamra port on the east coast recently.
APSEZ dry bulk terminal at Tuna Tekra
Adani Ports & SEZ (APSEZ) will commission its dry bulk cargo handling terminal at Tuna Tekra in record time by December 2014. According to the company officials, it will be a game-changer for exim trade of the north-west hinterland
Adani criticises Shipping Ministry over cabotage relaxation to DP World port
Adani Port slams Shipping ministry for allowing cabotage relaxation only to DP world run Vallarpadam Port. The Vallarpadam port had received cabotage relaxation in the year 2012, since then not a single port (including private ports) have not received such facility from the ministry.
Mundra port handles more cargo than Kandla
Cargo volume handled by Mundra port stood at 24 million tonne (mn t) during April and June and this is more than the 23 mn t handled by Kandla port in the same period. With this, the Adani Ports and Special Economic Zone (APSEZ)-run port became the first private port to overtake the cargo volume of a major port in the coun
Private firms bid for Rs 17 bn Haldia Dock II project
RPS Kahlon, Chairman of Kolkata Port Trust (KoPT) informed that Concast-Hyundai and Adani Ports showed interest in developing the second dock facility at Haldia. KoPT wants to implement the Rs 1700-crore project, which involves setting up four berths at Salukhali named as Haldia dock II
Board of Chennai port clears plan to conduct fresh bidding
It is learnt from media reports that the board of trustees of the Chennai port approved a proposal to conduct fresh price bidding from pre-qualified bidders for the Rs 3,686 crore container terminal project. The move comes after the central government allowed Adani Ports and Special Economic Zone (APSEZ), IndiaÂ’s biggest private port operator, to partic
ChPT renegotiates revenue share
Chennai Port Trust (ChPT) is reportedly renegotiating the revenue share with Adani Group for the proposed Rs 3,500-crore mega container terminal project. It is learnt that the port trust is not satisfied with the revenue share offered by the group for the contract and hence is seeking
Ministry allows Adani, Essar to bid for terminal project
Weekly Insight learns from top government sources that Adani Ports and Essar Ports received approval from the union home ministry to participate in the 4,000-crore mega container terminal project in Chennai Port.Chennai Port plans to set up a mega container terminal, with a capacity of 4 million TEU (Twenty foot-equivalent units). The proposed terminal has been envisaged as the large