Pipavav Railway Corporation Ltd (PRCL), a joint sector company of the Ministry of Railways and Gujarat Pipavav Port Ltd (GPPL)
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GPPL to invest Rs 11 bn on capacity enhancement
In the next two years, APM Terminals-owned Gujarat Pipavav Port (GPPL) plans to invest Rs 1,100 crore to double container capacity and setup tank farms at an investment. GPPL, which runs IndiaÂ’s first private port at Pipavav, plans to expand its container capacity from the existing 850,000 twenty foot equivalent units of containers (TEUs) to 1.5 million TEU
Shares of Gujarat Pipavav Port change hands
Recently, a bunch of shares of ` Port changed hands in the Bombay Stock Exchange (BSE). On May 13, 2013, a bulk deal of 2.80 lakh shares of the firm was executed at Rs 47.50 per share. On the same day, another bulk deal of 11.62 lakh shares was struck, reports suggest. The small-cap company has an equity capital of Rs 483.44 crore. Face value per share is Rs 10