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Chennai Port Trust To Invest Rs.1,500 Crore For Expansion

Industry Construction

Chennai Port Trust is planning to invest around Rs. 1,500 crore over the next five years to strengthen its capacity and ward off competition from neighbouring ports. The plan involves construction of a coastal terminal, development of a barge handling facility, construction of a coal handling facility subject to clearance from the SC panel and construction of an EXIM godown, among others. 

Extracted from The Hindu, May 31,’16

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