Chennai Container Terminal CEO to head Ennore project

Ennarasu Karunesan would head this project and later would be moved to Mumbai to take up a larger role in the group's port projects across the country

Ennarasu Karunesan, CEO and director, Chennai Container Terminal, run by DP World, would join the Adani Group and head the upcoming container terminal project at Ennore, near here.

An Adani spokesperson refused to comment and Karunesan was not available for comment, source said initially he would head this project and later would be moved to Mumbai to take up a larger role in the group's port projects across the country.

Adani Ports and SEZ Ltd had signed an MoU with Kamarajar Port Limited, a miniratna public sector undertaking, to set up a container terminal with Rs 1,270 crore. It has floated an SPV -- Adani Ennore Container Terminal Pvt.

Adani Ports emerged as the highest bidder for the proposed project. It offered a revenue share of 37 per cent beating DP World, which offered 27 per cent.