1. Adani’s Rs 1,270-cr container terminal at Kamarajar Port goes on stream

Adani’s Rs 1,270-cr container terminal at Kamarajar Port goes on stream

The Rs 1,270-crore container terminal project developed by Adani group at Kamarajar Port near here has gone on stream.

By: | Chennai | Published: June 10, 2017 6:34 AM
Adani, Kamarajar Port, Nitin Gadkari, MTPA, Chettinad group, MTEUs, RFID system The union shipping minister also inaugurated three other projects, including Rs 152 crore Chettinad group’s multi-cargo terminal, an e-office and RFID system at the port premises. (Reuters)

The Rs 1,270-crore container terminal project developed by Adani group at Kamarajar Port near here has gone on stream. The terminal was inaugurated by union minister of road transport, highways and shipping Nitin Gadkari on Friday. The union shipping minister also inaugurated three other projects, including Rs 152 crore Chettinad group’s multi-cargo terminal, an e-office and RFID system at the port premises. All these four projects were set up with an estimated cost of Rs 1,492 crore. Adani group’s Rs 1,270 crore container terminal was developed under design, build, finance, operate and transfer basis.  The terminal will have an annual capacity of 1.4 million twenty foot equivalent units (MTEUs). The multi-cargo terminal developed by Chettinad group will have an annual capacity of 2 million tonne per annum. With the commissioning of these terminals, the capacity of Kamarajar Port has taken a quantum jump from 32 MTPA to 50 MTPA immediately and will touch 90 MTPA when on-going projects are completed in 2 years.

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