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Gujarat Pipavav Port gets nod from ME&F for expansion plan

24 Feb 2014

Gujarat Pipavav Port has received an approval from the Ministry of Environment & Forests (ME&F) for its expansion plan. Earlier, the approval dated as on June 5, 2012 was challenged by an NGO in the National Green Tribunal and the Tribunal vide its order dated August 22, 2013, kept the Company's Environment approval in abeyance for a period of 6 months.

As per the Tribunal's Order, the Expert Appraisal Committee reviewed the entire expansion plan one more time and recommended it for approval during November 2012.

Gujarat Pipavav Port is the developer and operator of APM Terminals Pipavav, India's first private sector port, which has multi-cargo and multi-user operations.

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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323