Adani Mundra Port eyes Aussie's Abbot Port
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PORTS & SHIPPING

Adani Mundra Port eyes Aussie's Abbot Port

01 Apr 2011 CW Staff
Adani Mundra Ports, the ports division of Adani Group, is planning to acquire Australia's Abbot Port Terminal for $1bn. Abbot Port, which will have a capacity of 50 mn tonne by mid-2011, services coal transportation in northern Bowen region and developing Galilee Basin. Adani will also develop port and gas assets in Australia as part of its international expansion plans.

Adani Mundra Ports, the ports division of Adani Group, is planning to acquire Australia's Abbot Port Terminal for $1bn. Abbot Port, which will have a capacity of 50 mn tonne by mid-2011, services coal transportation in northern Bowen region and developing Galilee Basin. Adani will also develop port and gas assets in Australia as part of its international expansion plans.

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