The Bangalore headquartered private equity (PE) firm Ascent Capital has decided to invest Rs 2 billion in MARG Karaikal Port. The funds will be used for the MARG Karaikal Port Phase 2A expansion plans which will enhance the port's capacity from the already plaÂnned expansion of 21 mmtpa to 28 mmtpa and involves an additional capex of Rs 6 billion.
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