Adani owned UPCL, which is operating 2 units of 600 MW thermal power plant at Yellur village, signed and executed a concession agreement with New Mangalore Port Trust (NMPT) for additional land of 4.99 Hectares of NMPT for the purpose of UPCL’s project expansion.
The agreement was signed and exchanged mutually by Suresh P Shirwadkar, in-charge chairman of NMPT and Kishore Alva, joint president of Adani UPCL, at board room of NMPT, Mangaluru. Speaking on the occasion, Shirwadkar informed that this execution of concession agreement with UPCL will facilitate NMPT in experiencing good traffic in cargo/freight handling at port in the coming days.
Addressing during the meeting, Alva informed that for M/s UPCL is presently generating 1,200 MW and for the purpose of bulk coal terminal on captive basis involving construction and operation of captive jetty with associated facilities required for handling bulk quantity of coal, it had entered into a Concession Agreement with New Mangalore Port Trust (NMPT) for nearly 15 hectares of land during May 2008 for a period of 30 years with the approval by Ministry of Shipping, government of India. Read More
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