Agreement with Adani

The Adani Group-promoted Mundra Port and Special Economic Zone Ltd (MPSEZL) has signed a sub-concession agreement with Hazira Port Pvt. Ltd. and the State's port sector regulator, Gujarat Maritime Board, for development of a non-LNG cargo facility at Hazira.

The Hazira Port Pvt. Ltd. is the only common user multi-cargo, deep-draft port facility in the south Gujarat region and will be able to handle coal, container, liquid and other cargoes.

With an investment of Rs 2500 crores, the master plan of the port provides 12 berths multi-cargo facilities at the Hazira Port Pvt. Ltd. Presently five berths are operational.

The project will augment the cargo handling capacity on the west coast and offer an alternative port to customers of northern and central India and added to the rapid economic growth of the state of Gujarat and India.