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. The all-weather, deep draft captive port with breakwaters for IL&FS Tamil Nadu Power Company (ITPCL) - which is developing a 3,840 MW thermal power project - is being set up in Porto Novo in Cuddalore District in Tamil Nadu.
The proposed port will handle 15-25 million tonnes per annum (MTPA) of imported coal for the power plant and will have two coal berths of 600 metre length with breakwaters. The port site will be located at a distance of 30 km from Cuddalore.