Ennore Port Limited, which is now trading as Kamarajar Port Limited, is seeking investment totalling $1.467 billion for a variety of projects. Of this amount, the private sector will inject $1.219 billion. Should all the planned investment take place then capacity would rise fourfold within the next three years. Current capacity is just 30mt (million tonnes).

The port, which handles significant quantities of coal, would spend part of the money on dredging and other amounts on increasing terminal space, including that for coal. In total, it is seeking to build two additional coal berths, with a combined 9mt capacity. Each would cost $40 million.

BC