This approval will enable the company to nearly double its capacity to 514 million tonnes.
The clearance is expected to strengthen APSEZ's position in negotiating an extension of the concession period for the Mundra port with the Gujarat government, which is set to expire in 2031 after a 30-year term. APSEZ had applied to the Expert Appraisal Committee (EAC) of the Ministry of Environment, Forest, and Climate Change to increase Mundra's capacity by 289 million tonnes, covering an expansion area of 3,335 hectares. The EAC has recommended the expansion, and the final approval from the ministry is anticipated to be a mere formality.
Denne historien er fra June 18, 2024-utgaven av The Business Guardian.
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Denne historien er fra June 18, 2024-utgaven av The Business Guardian.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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Jio-bp inaugurates 500th EV charging station
Anant Mukesh Ambani, Director of Reliance Industries Limited (RIL), and Murray Auchincloss, CEO of bp, jointly inaugurated Jio-bp’s 500th EV charging station, part of the fuels and mobility joint venture between RIL and bp.
Google to explore AI opportunities in India: Sundar Pichai
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Adani Group, Bombardier discuss partnership in aviation sector
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Man gets death sentence under POCSO Act
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Petitioner produces banned 'Chinese Garlic' in Allahabad HC
The Lucknow bench of the Allahabad High Court directed the state government to provide information regarding measures taken to curb the sale of illegal Chinese garlic, a commodity that has been banned in India.
