In order to expand its project portfolio in the port sector, IL&FS is contemplating to set up a captive port in the district of Cuddalore in Tamil Nadu at an investment of Rs. 300cr. The port will be developed by Adani Group to handle coal for IL&FS’s power project in Tamil Nadu.
The all weather, deep draft captive port with breakwaters for IL&FS Tamil Nadu Power Company (ITPCL), which is developing a 3,840 MW thermal power project — is being set up in Porto Novo in the same district. The proposed port will handle 15-25 million tons per annum (MTPA) of imported coal for the power plant and will have two coal berths of 600 metre length with breakwaters. The port site will be located at a distance of 30 km from Cuddalore, 160 km south of Chennai and 500 km north of Tuticorin. The site is also endowed with adequate back-up land, sufficient waterfront and draft that facilitate the planned phase-wise development and sufficient built-up capacity of the project.