Tag: Chennai Port Trust

Chennai Port Trust to buy government’s 67 per cent stake in Kamarajar Port for about Rs 2,380 cr

In a government-brokered deal, state-owned Chennai Port Trust will buy the 67 per cent stake it does not already own in Kamarajar Port Ltd, for about Rs 2,380 crore. The inter-ministerial group, the core group on disinvestment and the alternative mechanism headed by the Finance Minister, cleared the Chennai-Kamarajar deal.