Adani to set up Rs 10,000 cr port

Adani Group plans to set up a port in Orissa entailing an investment of Rs 10,000 crore. Once the proposed port comes up it would be named as the Adani-Kalinga Port. The Group plans to develop the port in two phases in Jagatsinghpur district,. The group plans to invest Rs 5,000 crore in each of the two phases. The proposed port would have 12 berths and would be completed by 2015-16. The proposed all weather port will have a capacity of 100 mn tonne. Contact: Adani Group. Tel: 079-2555 5555. Fax: 079-2555 5604.