Kattupalli Port is a large shipyard/port project in Tamil Nadu, India. It was built by Larsen & Toubro (L&T) in 2013.
In 2015 Adani Group took over the cranes and cargo-handling equipment, and said they planned to build an additional 20 million tonne per annum (mtpa) coal terminal at the port. However, as of February 2018, neither Adani's website nor recent press reports mention the proposed coal terminal expansion.
The port is located at Kattupalli village near Ennore of Chennai.
In September 2015 Adani Ports and Special Economic Zone Ltd (APSEZ) of Adani Group agreed to take over operation and management (O&M) of the Kattupalli port from Larsen and Toubro Ltd (L&T). L&T will continue to run the shipyard, while APSEZ would take over the cranes and other cargo-handling equipment. APSEZ also said it plans to add a 20 million tonne (mt) capacity coal terminal at the port. Live Mint said the deal suggests APSEZ has lost interest in talks for buying the Gangavaram Port in Andhra Pradesh.
In October 2017, Adani obtained final statutory and regulatory clearances for its acquisition of the port from L&T. Since the deal was first announced in 2015, Adani has focused its development efforts on containers, with container volumes rising from 7,900 TEUs a month in November 2015 to over 35,000 TEUs per month in FY17. Press reports indicate that APSEZ plans to transform Kattupalli into a multi-commodity port capable of handling 24.65 million tonnes (mt) of cargo, with an emphasis on containers and automobiles. Adani's website notes that container volume in FY 2016-17 was 348,000 TEUs, an increase of 205% over the FY 2015/16 figure of 115,227 TEUs. As of February 2018, the Adani website also characterizes Kattupalli Port as a "preferred gateway port" for automobiles, but does not mention coal handling at the port or include Kattupalli on its map of Indian coal ports.
- Sponsor: Adani Group
- Location: Kattupalli village, Tamil Nadu, India
- Proposed Coal Capacity (Tonnes per annum): 20 million
- Status: Proposed
- Type: Imports
- Projected in service:
- Cost of expansion:
- Financing for expansion:
- Coal Source:
Resources and articles
Related GEM.wiki articles
- "Adani set to sign deal with L&T to manage Kattupalli port," livemint.com, Sep 25, 2015
- "After green nod, APSEZ set to formalise Kattupalli port deal with L&T arm," The Hindu Business Line, Oct 23, 2017
- "Kattupalli Port," Adani website, accessed February 2018
- "Coal," Adani website, accessed February 2018