Media reports indicate that Krishnapatnam Port Company is holding discussion with some private equity funds to offload 6 percent stake and thereby mop up Rs 1,200 cr. The company wants to raise capital in order to expand the capacity of the port to 75 mn tonne from the current 50 mn tonne. It has plans to ramp up capacities to 100
Tag: Krishnapatnam Port Company
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Krishnapatnam Port to set up new berths
Krishnapatnam Port Company (KPCL) is in the process of increasing the number of berths to almost 20 in the north, south and west side of the ports in the next two to three yearÂ’s time. The promoters have invested close to Rs 5,000 crore in creating 10 multi-purpose berths including two for containers in KPCL. However, the plan is to have 42 berths in 5 yearÂ’s time, sources from the port
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Container infra: Dragging its feet
There are several binding forces in today's logistics industry in India. Yet the industry suffers from a lack of integration of processes, and that has been bleeding the nation through costs that could have been just a fraction.
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Container infra: Dragging its feet
There are several binding forces in today's logistics industry in India. Yet the industry suffers from a lack of integration of processes, and that has been bleeding the nation through costs that could have been just a fraction.
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CONCOR to ferry container cargo from KPCL
Krishnapatnam Port Company (KPCL) has signed an agreement with Container Corporation of India (CONCOR) for movement of container traffic from the east coast port in Nellore district of Andhra Pradesh to the hinterland.