Adani, Essar, queue up for govt's Rs 2,500 cr-plan to develop ports

The largest of seven proposed PPP projects is at Jawaharlal Nehru Port Trust (JNPT), which plans to privatise its container terminal

The government’s Rs 2,500 crore-plan to use private players to develop seven operational cargo berths run by state-owned ports has got a thumbs up from the industry.

VO Chidambaranar Port Trust(VOC) and Paradip Port have got interests for their tenders from various industry majors like Adani Ports and Special Economic Zone (APSEZ), the Dubai government-owned DP World, Essar, J M Baxi Group and APM Terminals Management BV.

“For berth No 9, we are planning a bulk cargo terminal in a public-private partnership model at an investment of over Rs 400 crore. At the expression of interest stage, we have seen