Ports
Adani Group to acquire 74% stake in Mumbai, Navi Mumbai airports
01 Sep 2020
Adani to assume the entire debt of GVKADL in Mumbai International Airports Ltd and the 23.5 per cent interest of two other investors to take a 74 per cent stake in MIAL and the green field Navi Mumbai Airport, respectively
Cabinet clears Rs51,000-cr Vadhavan port project in Maharashtra
06 Feb 2020
The Vadhavan port has a natural draft of about 20 meters close to the shore, making it possible for it to handle bigger container vessels that require a draft of 18M-20M
Adani Group plans Rs57,594-cr expansion at Mundra port
03 May 2019
The Adani Group is expanding aggressively across sectors that include logistics, mining, energy, construction and defence – both through expansion of existing capacity and green field investment as well as through acquisitions
Adani Group proposes Rs12,000-cr investments in TN
24 Jan 2019
Public sector Indian Oil Corporation Ltd also announced plans to invest Rs16,641 crore across various projects in the state, taking first-day investment proposal at the global investors summit to over Rs28,000 crore
India takes over operations of part of Chabahar Port in Iran
08 Jan 2019
The vessel MV Macheras berthed at the terminal at 0130 hrs on 30 December 2018 and discharged imported cargo from Brazil using pneumatic un-loaders, formalising the first cargo operation at IPGCFZ
Gadkari launches 2 new floating restaurants in Mumbai
19 Nov 2018
Under the eastern water front development of Mumbai Port, the city will also be linked to Elephanta Caves by an 8-km ropeway that will ferry passengers in 16 minutes to and fro
IL&FS bids to acquire Dighi Port to protect its equity stake
10 Oct 2018
Balaji Infra Projects Ltd is the promoter of the project, although it holds only a minor stake, while IL&FS Maritime Infrastructure with a higher stake is a financial creditor and is eligible to participate in the bidding process for Dighi Port under the bankruptcy law
Iran invites Pakistan, China to join India in Chabahar port project
14 Mar 2018
In a move that is bound to raise hackles in New Delhi, Iran has invited China and Pakistan to participate in the development of the strategic Chabahar port, which is being built by India for the purpose of bypassing Pakistan
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