Mundra Power
Star Air launches direct flights to Mundra, operations to begin from Jun 23
Star Air on Tuesday announced the launch of scheduled commercial services to Mundra in Gujarat, marking the airline's 32nd destination on its expanding domestic network. Its operations are set to commence from June 23, further strengthening Star Air's commitment to connecting underserved regions of India with major economic and cultural centres. According to Star Air, Mundra, home to India's largest private commercial and container port and a rapidly growing industrial ecosystem, will now benefit from enhanced air connectivity. "Star Air's new flight services will link Mundra with Mumbai, Hindon, Goa, Surat, Belagavi, Bengaluru, Kolhapur and Nanded, offering greater convenience and reduced travel times for business travellers, professionals, industrial stakeholders, and tourists," the airline said in a statement. The airline said it will operate five weekly direct flights between Mumbai and Mundra, with departures on Tuesdays, Thursdays, Fridays, Saturdays, and Sundays, ensuring ..
 "Star Air launches direct flights to Mundra, operations to begin from Jun 23")
Mundra Port sets new record of handling cargo volumes of 16.1 MMT in Oct
Mundra Port, the flagship of Adani Ports and Special Economic Zone Ltd (APSEZ), has set a record by handling 16.1 million metric tonnes (MMT) of cargo in October, the highest-ever volume by any port in India. Mundra Port, the country's largest port, crossed the 100 MMT-mark in 210 days, surpassing the record of 231 days last year, APSEZ said in a statement. According to the statement, Mundra witnessed a double-digit growth on a Y-o-Y basis for containers (+10 per cent) and liquids and gas (+14 per cent). It achieved another milestone of handling 4.2 million TEUs (twenty-foot equivalent unit) of containers in just 203 days, a feat achieved in 225 days in the previous financial year. The statement said it added new cargo types such as Hydrolysis Pi Gas (HPG) to its portfolio. On YTD (year to date) basis, it docked over 2,480 ships and serviced over 11,500 rakes. According to the statement, the port is targeting 200 MMT-milestone in cargo volumes during FY25. Given its capability t
 "Mundra Port sets new record of handling cargo volumes of 16.1 MMT in Oct")
SBI, other PSBs to fund Adani's Rs 34,000 cr PVC project in Mundra
Mundra Petrochem, an arm of Adani Enterprise has set its eyes on installing the plant with an annual capacity of one million tonnes in the first phase at a total cost of $2.5 million
 "SBI, other PSBs to fund Adani's Rs 34,000 cr PVC project in Mundra")
Tata Power fully repays Mundra unit's bank loans worth Rs 4,150 cr
Mundra unit's long term debt now stands at Rs 3,790 crore and comprises bonds and debentures
 "Tata Power fully repays Mundra unit's bank loans worth Rs 4,150 cr")
Setback for Tata, Adani, Essar: Gujarat scraps order to pay more for power
It will now sign supplemental PPAs with these units on a "case-by-case basis" over and above the existing PPAs.
 "Setback for Tata, Adani, Essar: Gujarat scraps order to pay more for power")
Tata Power's Mundra UMPP to snap power supply to five states on March 11
Decision comes after buyer states say no to tariff hike; UMPP has been in the middle of a tussle for seven years over passthrough of escalated cost of imported coal
 "Tata Power's Mundra UMPP to snap power supply to five states on March 11")
Dispute-hit Mundra LNG terminal to be commissioned by Dec: Report
The terminal was mechanically completed in mid-2018 and was inaugurated by Prime Minister Narendra Modi
 "Dispute-hit Mundra LNG terminal to be commissioned by Dec: Report")
Debt cloud over Mundra Power
Adani Power's board to discuss an option this week, in wake of adverse SC order on compensatory rate
 "Debt cloud over Mundra Power")