scorecardresearch
Clear all
Search

COMPANIES

No Data Found

NEWS

No Data Found
Sign in Subscribe
Save 41% with our annual Print + Digital offer of Business Today Magazine
Biggest deal in the past 30 days.

Biggest deal in the past 30 days.

Mundra Port and Special Economic Zone, part of Adani Enterprises, has won the bid to acquire Australia-based Abbot Point X50 Coal Terminal for Rs 9,000 crore.
Gautam S. Adani
Gautam S. Adani
India's largest private port operator Mundra Port and Special Economic Zone, or MPSEZ, part of Adani Enterprises, has won the bid to acquire Australia-based Abbot Point X50 Coal Terminal, or APCT, for Rs 90 billion. The acquisition is structured through a 99-year lease to operate and develop APCT, and covers existing coal terminal facilities and associated infrastructure.

The deal marks MPSEZ's foray outside India with global recognition. This deal is expected to double MPSEZ's cargo-handling capacity with an additional capacity of 50 million tonnes. Moreover, APCT has further scope to increase its capacity by 30 million tonnes.

This port is also likely to help Adani Enterprises in transporting coal to its power plants in India from the mines it acquired in Australia last year.


Ā Ernst & Young is a leading M&A advisor in India. The data is based on media reports and company announcements. Any decision on the basis of this information should be taken only after professional advice. Business Today or E&Y do not undertake any responsibility with regard to any such decision.

*April 12 to May 9, 2011

Not a complete list

×