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Bengal govt to give letter of intent on Tajpur port development to Adani Group
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IANS | 20 Sep, 2022
The West Bengal government will soon handover a letter of intent (LoI)
to Adani Port & SEZ Limited for setting up and developing a deep-sea
port at Tajpur in East Midnapore district. The estimated cost of the
project is Rs 25,000 crore.
The state cabinet on Monday
approved the proposal for issuing the LoI to Adani Ports and Special
Economic Zone for development of the greenfield deep sea port.
State
municipal affairs & urban development minister and Kolkata Mayor,
Firhad Hakim, said the proposal has been cleared by the state cabinet.
"The project will entail a direct employment potential for 25,000
individuals," said Hakim.
Tajpur port development was under
discussion since the time of Bengal Global Business Summit-2022, the
annual event of the state government to showcase the state as an ideal
business destination, which was conducted early this year.
The
major contender in the bidding for the project was Adani Port & SEZ
Limited and JSW Infrastructure. After the bid was opened on March 23
this year, Adani Port emerged as the highest bidder. The land for the
project is being provided by the state government, informed Hakim.
On
April 20, while addressing the Bengal Global Business Summit-2022 this
year, Adani Group chairman and founder, Gautam Adani said that his group
will invest an amount of around Rs 10,000 crore in West Bengal in the
next few years.
"We plan to make an investment to the tune of Rs
10,000 crore in West Bengal in the next few years. This investment will
be mainly in sectors like under- sea cables, data centres and
warehouses. This will provide direct and indirect employment to around
25,000 people. As we make these investments, we will bring in the state
world class technology," Adani said.
Since then, state commerce
& industry sources said dialogues between the state government and
Adani Port started over the latter taking charge of setting up and
development of the port. Earlier in February this year, Gautam Adani's
son, Karan Adani met West Bengal Chief Minister Mamata Banerjee at the
state secretariat of Nabanna. Then Karan Adani, who is the chief
executive officer of Adani Port & SEZ Limited evinced interest in
the development of Tajpur Port.
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