Ennore Port Ltd has plans Rs 5,890 crore investment during the 12th Plan

Ennore Port Ltd has plans to invest Rs 5,890 crore during the 12th Five Year Plan to double its capacity from the current 30 million ton per annum. In the current fiscal, it will incur a capex of around Rs 300 crore towards development of infrastructure projects. A major portion of the amount will go for dredging work.

Around Rs 200 crore would be spent on dredging and the remaining would be used for other infrastructure facilities. It had spent Rs 80.30 crore on capital dredging, road and rail connectivity.