Adani Ports and SEZ is planning to commission a coal handling terminal of about 5 million tonne capacity at the Mormugao Port in Goa by this fiscal. The coal handling terminal project, won by the Adani group firm in 2009, is delayed by about 2 years as it was originally planned to be commissioned during 2011 to 12 itself. APSEZ has the permission to operate the coal handling berth till May 15th 2040, the company said in a prospectus for a recently completed fund raising exercise. It said that th
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MPT awards Rs 3 bn project to Gammon Infra
Mormugao Port Trust (MPT) and Gammon Infrastructure finalised a 30-year concession agreement that gives the company the right to construct and operate a coal handling terminal at the port. Gammon would built the terminal at a total estimated cost of Rs 300 crore with a capacity of 2.33 million tonne per annum. Mormugao Port selected Gammon for the project as the latter offered a revenue share of 33.66 percent. JSW, whic