Mundra Port: APSEZ gets nod for capacity expansion
Adani Ports & Special Economic Zone Ltd (APSEZ) has got the the key environmental and coastal regulation zone approval from the Centre to more than double the capacity of its flagship port located at Mundra. The firm plans to raise the port's capacity to 514 million tonnes with an investment of Rs 45,000 crore.
This could strengthen APSEZ's case while seeking a rollover from the Gujarat government on the concession period for the port when it ends in 2031 after a 30-year run.
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