Adani Ports launches new arm Tajpur Sagar for Bengal port
PORTS & SHIPPING

Adani Ports launches new arm Tajpur Sagar for Bengal port

Adani Ports and Special Economic Zone has incorporated a wholly owned subsidiary named Tajpur Sagar Port on October 21. The firm has been registered with the Registrar of Companies, Gujarat, at Ahmedabad for the purpose of developing a deep-sea port at Tajpur, West Bengal on design, build, finance, operate and transfer basis.

Adani Ports has incorporated Tajpur Sagar Port with an initial authorised and paid-up capital of Rs 5 lakh, and said that it is yet to commence business operations.

Adani Ports & Special Economic Zone is in the business of development, operation and maintenance of port infrastructure, and has linked a multi-product Special Economic Zone (SEZ) and related infrastructure contiguous to the port at Mundra.

The company's consolidated net profit dropped 16.86% to Rs 10.91 billion in Q1 FY23 as against Rs 1313 billion recorded in Q1 FY22. Revenue from operations declined 0.71% to Rs 46.38 billion in Q1 FY23 from Rs 46.71 billion in Q1 FY22.

See also:
Centre approves development of container terminal at Deendayal Port
Gangavaram Port to be acquired by Adani Ports


Adani Ports and Special Economic Zone has incorporated a wholly owned subsidiary named Tajpur Sagar Port on October 21. The firm has been registered with the Registrar of Companies, Gujarat, at Ahmedabad for the purpose of developing a deep-sea port at Tajpur, West Bengal on design, build, finance, operate and transfer basis. Adani Ports has incorporated Tajpur Sagar Port with an initial authorised and paid-up capital of Rs 5 lakh, and said that it is yet to commence business operations. Adani Ports & Special Economic Zone is in the business of development, operation and maintenance of port infrastructure, and has linked a multi-product Special Economic Zone (SEZ) and related infrastructure contiguous to the port at Mundra. The company's consolidated net profit dropped 16.86% to Rs 10.91 billion in Q1 FY23 as against Rs 1313 billion recorded in Q1 FY22. Revenue from operations declined 0.71% to Rs 46.38 billion in Q1 FY23 from Rs 46.71 billion in Q1 FY22. See also: Centre approves development of container terminal at Deendayal PortGangavaram Port to be acquired by Adani Ports

Related Stories

Gold Stories

Hi There!

Now get regular updates from CW Magazine on WhatsApp!

Click on link below, message us with a simple hi, and SAVE our number

You will have subscribed to our Construction News on Whatsapp! Enjoy

+91 81086 03000

Join us Telegram