Adani Ports gets Letter of Intent from West Bengal Government for Tajpur port project

13 Oct 2022 , 09:36 AM

The Letter of Intent (LOI) for Tajpur port in Bengal was given by the West Bengal government to Adani Ports on Wednesday in Kolkata.

Mamata Banerjee, the chief minister of West Bengal, gave the letter of intent to Karan Adani, the CEO of Adani Ports. According to the state government, the port would require an investment of Rs15,000 crore.

Nabanna, according to news reports, received clearance from the Bengal Cabinet to issue a letter of intent by the West Bengal Maritime Board for the development of the Tajpur Port after the technical and financial appraisal and fulfilment of all formalities.

“The port would require an Rs15,000 crore investment. Another Rs10,000 crore would be needed for the infrastructure development associated with ports. A total of Rs25,000 crores would be invested in the project. In addition to the one lakh indirect jobs, it will directly create 25,000 new jobs, according to a statement from the state government.

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