Ambuja Cements, the cement and building material company of the diversified Adani Portfolio, signs definitive agreement to acquire My Home Group’s 1.5 MTPA Cement Grinding Unit in Tuticorin, Tamil Nadu, the company on Monday announced through an exchange filing.
The acquisition estimated at a total value of Rs 413.75 Crores through internal accruals will aid in enhancing the coastal footprint across southern markets of Tamil Nadu and Kerela. The total cement capacity of…
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Category: Tuticorin Port
Ambuja Cements to acquire Tuticorin grinding unit for Rs 414 crore – MSN
Ambuja Cements to acquire Tuticorin grinding unit for Rs 414 crore MSN
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Ambuja Cements to acquire 1.5 MTPA cement grinding unit in Tuticorin from My Home Group for ₹413.75 crore, ET EnergyWorld
New Delhi: Ambuja Cements, under the diversified Adani Portfolio, has signed an agreement to purchase a 1.5 MTPA cement grinding unit from My Home Group in Tuticorin, Tamil Nadu, for a total value of ₹413.75 crore funded through internal accruals.The company, with this acquisition, is set to expand its total cement capacity to 78.9 MTPA. The unit, spread over 61 acres near the strategic Tuticorin Port, comes with a long-term fly ash…
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Adani, JSW, PSA looking to bag Rs 7K cr Tuticorin project
Agencies
A Rs 7,056 crore outer harbour project by VO Chidambaranar (VOC) Port in Tuticorin is garnering interest from domestic and global majors in the sector, such as Adani Ports and Special Economic Zone, Singapore’s PSA International, Dutch major Van Oord, JM Baxi, and JSW, among others, according to sources close to the development.
The project aims to capitalise on the newfound investor interest in the region, spurred by mega investments such as the Rs 16,000 crore electric vehicle…
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Source: https://thenorthlines.com/adani-jsw-psa-looking-to-bag-rs-7k-cr-tuticorin-project/
Collaborative Investment: Tuticorin Port Project
27 Mar 2024
2 Min Read
CW Team
Adani Ports, in…
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Adani Ports, PSA, JSW sets sight on Rs 7,000 crore Tuticorin project | Economy & Policy News
A Rs 7,056 crore outer harbour project by VO Chidambaranar (VOC) Port in Tuticorin is garnering interest from domestic and global majors in the sector, such as Adani Ports and Special Economic Zone, Singapore’s PSA International, Dutch major Van Oord, JM Baxi, and JSW, among others, according to sources close to the development. The project aims to capitalise on the newfound investor interest in the region, spurred by mega investments such as the Rs 16,000 crore electric vehicle…
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V.O. Chidambaranar port sets sight on mega investments like VinFast | India News
With multiple big-ticket projects on track in and around Tuticorin, V.O. Chidambaranar Port in the city is all set to capitalise on the newfound investor interest in the area. The VOC Port in Tuticorin has invited global bids valued at around Rs 7,056 crore for an outer harbour project. This project includes the construction of two container terminals, involving preparatory work such as dredging and building a breakwater at the port, with a capacity to handle 4 million twenty-foot…
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V.O. Chidambaranar Port creates yet another record by handling highest number of Import Windmill blades in a single consignment
V.O. Chidambaranar Port creates yet another record by handling highest number of Import Windmill blades in a single consignmentV.O. Chidambaranar Port in Tuticorin, Tamil Nadu handled 120 number of imported windmill blades, the highest volume in a single consignment on 27.10.22 surpassing the previous highest import of 60 windmill blades in a single consignment. The entire consignment was handled diligently with two Harbour Mobile cranes, with utmost concern for the safety of the cargo and…
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Source: https://pib.gov.in/Pressreleaseshare.aspx?PRID=1871501
VOC Port achieves new record, cargo handling up by 9 per cent
MADURAI: The Thoothukudi-based VO Chidambaranar Port has set a new record in cargo handling. As of February 2024 in the ongoing fiscal year, the Port’s cargo traffic has surged to 37.42 million tonnes, showcasing a remarkable 8.76 per cent growth compared to 34.41 million tonnes handled in the corresponding period of the previous fiscal year, sources said. Welcoming the feat, JP Joe Villavarayar, secretary, Association for Tuticorin Hub Port Development (ATHPD), on Monday said coal…
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Modi: Modi lays foundation stone for India’s second spaceport at Kulasekarapattinam Tuticorin | Madurai News
Tuticorin: Prime Minister Narendra Modi laid the foundation stone for the country’s second spaceport at Kulasekarapattinam in Tuticorin district on Wednesday. Indian Space Research Organization (Isro) launched a Rohini sounding rocket from a mobile launch pad to mark the beginning of work at the site. According to Isro, the launch complex at Kulasekarapattinam will be established at a cost of Rs 986 crore on 2,292 acre and will have facilities like launch pad, rocket integration…
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