Adani Ports & SEZ suspends operation at Tuna & Mundra ports
Adani Ports and Special Economic Zone Limited (APSEZ) said Wednesday it has suspended vessel operations at its Tuna and Mundra Port in Gujarat for next 24 hours in the wake of cyclone Vayu hitting the state.
Adani Group may get controlling stake in Mundra LNG terminal
Gujarat may offer an additional 50% stake in Gujarat State Petroleum Corp. (GSPC) LNG Ltd to Adani Group, which already holds a 25% stake in the company, after Indian Oil Corp. Ltd decided to opt out of the race, said three state government officials close to the development, requesting anonymity. The Gujarat government, which owns 50% in GSPC LNG, had been looking to induct a third partner for the remaining 25% stake. It may now allow the Adani Group to pick up the 25%, and offload up to 25% of its own stake in the company.
Indian PM Inaugurates Mundra LNG Terminal In Gujarat
Indian Prime Minister Narendra Modi has inaugurated the Mundra LNG terminal that has been developed in keeping with his emphasis on clean energy. He said that the inauguration of the LNG terminal is the highlight of today's programme. I am fortunate to have inaugurated three LNG terminals, he added. Apart from the Mundra LNG terminal he inaugurated Anjar-Mundra Pipeline Project and the Palanpur-Pali-Barmer pipeline project, at Anjar.Upload News