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AMBANI GROUP TO BUILD INDIA'S BIGGEST PORT
POSTED: 9:08 a.m. EDT, December 14,2006

The Reliance group of Mukesh Ambani proposes to invest more than Rs3,000 crore to build India's largest port, named Rewas, as part of its Navi Mumbai special economic zone (SEZ).

The port would have the same draft as of the Suez Canal and double that of the Jawaharlal Nehru Port, which is the deepest in the country.

The port would be 10 nautical miles or 16 kilometres southeast of Mumbai harbour.

Reliance is waiting for environmental clearances to commence construction.

The Reliance group is developing 2 mega SEZs on 35,000 acres in Navi Mumbai and expects a steady flow of cargo to the port. The available draft will enable large ships, even super tankers, to berth at the port.

The draft can be increased to 22-23 metres.

From:ttnet
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