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.
Tag: Captive Port
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Odisha to re-validate CRZ clearance of Posco port
For re-validation of Coastal Regulation Zone (CRZ) clearance to Posco company's captive port, the Odisha government has started the process.
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TN govt to set up multi-user port in Cuddalore
The Tamil Nadu government would upgrade the existing captive port in Cuddalore and set up a new multi-user greenfield port to support the proposed Chemical and Petrochemical Investment Region project. Earlier, the Marg and Chemplast consortium signed a 30-year concession agreement with the state gove
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Maritime board revokes nod for Rs 20 bn project
Media reports indicate that Tamil Nadu Maritime Board revoked the approval given to Goodearth Shipbuilding for its proposed Rs 2,000 crore shipyard and captive port project at Silambimangalam in Cuddalore district. The board also cancelled the relevant agreements entered into with the company to develop a captive shipyard within Silambimangalam shipyard port limits in Cud
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JSPL keen on Orissa port
Jindal Steel & Power has evinced interest in setting up a captive port in Ganjam district. It involves a capital cost of Rs 1,424 crore.