{"id":8167,"date":"2011-02-21T10:00:00","date_gmt":"2011-02-21T10:00:00","guid":{"rendered":"https:\/\/portstrategy.nfdtesting.uk\/greenport\/2011\/02\/21\/ennore-to-go-public\/"},"modified":"2026-08-27T14:39:49","modified_gmt":"2026-08-27T13:39:49","slug":"ennore-to-go-public","status":"publish","type":"post","link":"https:\/\/www.portstrategy.com\/greenport\/news\/asia\/ennore-to-go-public\/","title":{"rendered":"Ennore to go public"},"content":{"rendered":"<p>The Central Government presently holds 68% and the Chennai Port Trust 32% of EPL.<\/p>\n<p>However, the port may require funds of over $176m in the short term to undertake various infrastructure projects, reports the Hindu Business Line. Speaking at a function, Mr GK Vasan, Union Minister for Shipping, said EPL has already lined up 14 projects worth over $142.2 m. The projects include dredging, terminal construction and rail and road connectivity.<\/p>\n<p>This development will support the two new bulk terminals and one autovehicle facility which started work at Ennore Port recently. The coal terminal has a capacity of 8m tonnes, while the ore terminal starts at 6m tonnes with a second phase to double this in the pipeline.<\/p>\n<p>Both bulk terminals have been developed via a build, operate and transfer (BOT) basis while the car terminal project was handled by Ennore Port itself in order to service the nearby Nissan Motor plant.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ennore Port Ltd (EPL) has gained approval from its board for a public floatation, seeking funds of approximately $110m in return for 10% of its equity.<\/p>\n","protected":false},"author":8,"featured_media":8168,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[69],"tags":[],"sponsor":[],"class_list":["post-8167","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-asia"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/posts\/8167","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/comments?post=8167"}],"version-history":[{"count":1,"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/posts\/8167\/revisions"}],"predecessor-version":[{"id":8169,"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/posts\/8167\/revisions\/8169"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/media\/8168"}],"wp:attachment":[{"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/media?parent=8167"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/categories?post=8167"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/tags?post=8167"},{"taxonomy":"sponsor","embeddable":true,"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/sponsor?post=8167"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}