
Karaikal Port welcomes MT Grace, first vessel under Tvarur Oils partnership
Karaikal Port has berthed MT Grace, a 6,000-metric-tonne vessel carrying crude palm oil, marking the first vessel call under its newly established partnership with Tvarur

Karaikal Port has berthed MT Grace, a 6,000-metric-tonne vessel carrying crude palm oil, marking the first vessel call under its newly established partnership with Tvarur

Portfolio ports deliver 300 MMT cargo milestone in a record 266 days In December 2023, Adani Ports and Special Economic Zone Ltd (APSEZ) handled 35.65

With the ownership of Karaikal port set to change hands following the order approving the resolution plan of the Adani group by the National Company

APSEZ will spend a further Rs850 crores in upgrading infrastructure and plans to double the capacity of the port in the next 5 years and

This is the first time APSEZ has revealed the acquisition price for the stressed port after its bid was cleared by the lenders panel of

Bidding for the port was conducted under the Insolvency and Bankruptcy Code (IBC) guidelines. The lenders to Karaikal Port met last week to approve APSEZ’s

Adani Ports and Special Economic Zone and a Vedanta group entity have submitted binding financial bids for Karaikal Port on September 30 at the close

Vedanta, Adani Ports and Special Economic Zone, JSW Infrastructure, Jindal Power and a consortium of RKG Fund and Sagacious Capital have submitted expressions of interest

Omkara Assets Reconstruction Pvt Ltd has nominated long-time Adani Group loyalists Ameet Desai and Surender Kumar Tuteja as its representatives on the board of Karaikal

Karaikal Port has berthed MT Grace, a 6,000-metric-tonne vessel carrying

Portfolio ports deliver 300 MMT cargo milestone in a record

With the ownership of Karaikal port set to change hands

APSEZ will spend a further Rs850 crores in upgrading infrastructure


Bidding for the port was conducted under the Insolvency and

Adani Ports and Special Economic Zone and a Vedanta group

Vedanta, Adani Ports and Special Economic Zone, JSW Infrastructure, Jindal

Omkara Assets Reconstruction Pvt Ltd has nominated long-time Adani Group