Adani Ports and Special Economic Zone Ltd (APSEZ) plans to establish a greenfield port in Tajpur in West Bengal’s Purba Medinipur district under a 99-year concession.
When the bids for the project were unveiled, APSEZ pipped JSW Infrastructure Ltd, the only other bidder, to emerge as the top bidder, according to sources. In the first phase of the project, an investment of roughly 7,000 crore is required.
With Tajpur under its purview, Karanataka is India’s sole coastal state without an APSEZ presence.
