Adani Ports secures Rs 25,000-cr port project in West Bengal

The state government expects to create 25,000 direct jobs and over 100,000 indirect jobs through this port

The Adani Group will develop a port in India’s West Bengal state at a planned investment of more than $3 billion, as the port-to-power conglomerate continues to bolster its grip over the local infrastructure and logistics sectors.

Adani Ports & Special Economic Zone Ltd., controlled by world’s second-richest man Gautam Adani, was selected on Monday to develop the Tajpur deep sea port, according to a statement from the state government. The greenfield project will entail a total investment of Rs 25,000 crore ($3.1 billion), of which Rs 15,000 crore will go toward port development and the rest toward building related infrastructure,