West Bengal govt nod to Adani's Tajpur greenfield port development

APSEZ had emerged as the H1 bidder earlier this year, but the state government had not declared it

The West Bengal government on Monday approved issuance of letter of intent (LoI) to Adani Ports and Special Economic Zone (APSEZ) for the proposed greenfield port at Tajpur in Purba (East) Medinipur.

In a press statement, the state government said the Cabinet accorded approval for issuance of LoI by the West Bengal Maritime Board for development of the Tajpur Port to APSEZ.

According to state urban development minister Firhad Hakim, investment in the project is pegged at Rs 15,000 crore while related port-led infrastructure development would involve another Rs 10,000 crore. He said that it would create 25,000 jobs directly and more