Shapoorji Palloonji Co is planning to set up a deep water port in the coast of Gujarat. It will also construct a LNG terminal in joint venture with Hindustan Petroleum. The company has recently commissioned a Floating Production Storage and Offloading (FPSO) vessel with technical collaboration with Bumi Armada of Malaysia.
Nagapattinam Port is likely to be developed through public-private partnership model and it involves expanding the port capacity to handle 1 million tpa of cargo annually which will be expanded to 6 million tpa over a period. Nagapattinam port is an all weather deep water port situated in the centre of the state and the government has allotted Rs. 3800 million to develop the port.
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