ArcelorMittal moves HC against Gujarat govt, Essar over Hazira port licence

Essar Steel owns a 10 million tonnes per annum steel plant at Hazira in Gujarat, which is serviced by a captive jetty constructed at port.

ArcelorMittal Nippon Steel India Ltd (AMNSIL) has filed a petition in the Gujarat High Court against the Government of Gujarat and Essar Bulk Terminal Ltd seeking the transfer of Hazira port licence in its name.

Within days of acquiring Essar Steel under an insolvency process, AMNSIL had made an application to the Gujarat Maritime Board requesting that the licence be transferred to them.

While the government is yet to decide on the matter, the firm has approached the court stating that the Essar Bulk Terminal Ltd (EBTL) holds captive licence as a nominee or trustee, according to the petition filed