Business Line reported that Essar Ports is the lone bidder for the INR 3,700 crore mega container terminal project at Chennai port.It has offered a revenue share of 5.25%for the project,slightly above the 5%Adani Ports offered in the ...
Tags: Essar Ports, Chennai port, revenue share
Business Standard reported that the Chennai Port Trust has asked Essar Ports, the sole bidder for the INR 3,683 crore container terminal project at Chennai, to reconsider its offer that had offered a revenue share of 5.25%. A senior board ...
Tags: Chennai Port, Essar Ports, crore container terminal project, Chennai
Business Standard reported that Essar Ports Ltd has commissioned its 16 million tonne dry bulk terminal at Odisha’s Paradip Port, which will handle iron ore, mainly for its group company, Essar Steel, and dry bulk cargo for third ...
Tags: Essar Ports, dry bulk terminal, iron ore, dry bulk cargo
PTI reported that Essar Shipping is planning to convert around INR 800 crore of total INR 5,500 crore debt into dollar loans to bring down the interest burden. Mr AR Ramakrishnan MD of Essar Shipping said that "We are planning to convert ...
Tags: interest burden, financing cost, domestic and foreign banks
Essar Ports Ltd, a Ruia owned unit of the USD 17 billion Essar group, which was earlier known as Essar Shipping Ports and Logistics Ltd, plans to concentrate on expanding its existing ports. Mr Rajiv Agarwal MD of Essar Port Ltd said that ...
Tags: container ports, steel plate, inr indian rupee, coal terminals
Business Standard reported that more clarity on talks to refinance loans for oil, steel, shipping and ports entities to emerge in a month or two; external commercial borrowing refinance a prime tool. With a combined debt of close to INR ...
Tags: Essar Group, debt burden, refinance loan, oil, steel