L & T agrees with Adani group for selling Kattupalli Port

Q.  Larsen and Toubro has made the decision to sell a port in which state to Adani group on 9th November 2015?
- Published on 10 Nov 15

a. Kerala
b. Karnataka
c. Andhra Pradesh
d. Tamil Nadu

ANSWER: Tamil Nadu
 
L&T has made the decision to sell Kattupalli Port in TN and entered into an in-principle agreement with the Adani group for the same. Sale is subject to state and central government approval. Port currently operated by L&T Shipbuiding, a subsidiary of L&T and will be sold to Adani Kattupalli Ports Private Limited, a subsidiary of Adani Ports and Special Economic Zone. Kattupalli Port is deep water port with an international container terminal. It is a deep water all weather port.

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