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Milestone

The document summarizes key events and milestones from 1994 to 2008 for Mundra Port and Special Economic Zone Limited (MPSEZ), including obtaining approval for a captive jetty in 1994, incorporating Gujarat Adani Port Ltd in 1998, operational multipurpose berths from 1998-1999, signing concession agreements from 2001-2002 for developing the port at Mundra, agreements for crude oil handling in 2002, integrating the railway line with the national network in 2002, a container terminal becoming operational in 2003, the SPM becoming operational in 2005, notification for a Special Economic Zone in 2006, name change and IPO in 2007, and listing on stock exchanges in 2007.

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111 views2 pages

Milestone

The document summarizes key events and milestones from 1994 to 2008 for Mundra Port and Special Economic Zone Limited (MPSEZ), including obtaining approval for a captive jetty in 1994, incorporating Gujarat Adani Port Ltd in 1998, operational multipurpose berths from 1998-1999, signing concession agreements from 2001-2002 for developing the port at Mundra, agreements for crude oil handling in 2002, integrating the railway line with the national network in 2002, a container terminal becoming operational in 2003, the SPM becoming operational in 2005, notification for a Special Economic Zone in 2006, name change and IPO in 2007, and listing on stock exchanges in 2007.

Uploaded by

chirag
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOC or read online on Scribd
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Year Month Key Events and Milestones

1994 January Approval obtained from Gujarat Maritime Board


(GMB) for setting up captive jetty at Mundra

Human May Gujarat Adani Port Ltd. incorportaed, a joint sector


resources.doc19 company promoted by Adani Port Limited and
98 Gujarat Port Infrastructure Development Company
Ltd.

1998 October Multipurpose Berths 1 and 2 at Terminal I became


operational

1999 October Multipurpose Berths 3 and 4 at trerminal I became


operational

2001 February Concession Agreement signed with GMB for


developing, operating and maintaining a port at
Mundra

2001 October Mundra – Adipur Private railway line completed and


trial runs commenced

2002 May Agreements signed with Guru Govind Singh


Refineries Ltd. (GGSRL) for Crude Oil handling at
Mundra

2002 October Agreements signed with Indian Oil Corporation (IOC)


for setting up Single Piont Mooring (SPM) Facility and
Crude Oil Handling at Mundra

2002 November Agreement signed with Indian Railways for integrating


Mundra-Adipur railway line with the national rail
network.

2003 January Sub-concession agreement signed for a container


terminal

2003 July Container Terminal I became operational

2004 April Shareholders agreement with Kutch Railway


Company Limited for Gandhidham – Palanpur gauge
conversion.

2005 June Merger of Adani Port Limited (with effect from April 1,
2003) with Gujarat Adani Port Ltd.

2005 December SPM becomes operational

2006 April Notification issued for Special Economic Zone (SEZ)


at Mundra

2006 May Two Additional berths for bulk cargo handling at


Terminal II operational.

2006 June Double stack container train operation commenced.

2006 April Merger of Mundra Special Economic Zone Ltd. and


Adani Chemicals Limited with Gujarat Adani Port Ltd.

2006 July Name of the company changed from Gujarat Adani


Port Ltd. to Mundra Port and Special Economic Zone
Limited (MPSEZ) to reflect the nature of business.

2007 March Two additioal berths for bulk cargo Operation


commissioned at Terminal II

2007 April Port Services Agreement signed with Tata Power


promoted power generation company for handling
imported coal cargo

2007 August Container Terminal II trial run operations commenced

2007 October Initaila Public Offer (IPO) for 40,250,000 equity shares
of Rs. 10 each of Mudra Port and Special Economic
zone Ltd. offered to public and employees with price
band Rs. 400 – Rs. 440

2007 November MPSEZ equity shares listed at National Stock


Exchange (NSE) and Bombay Stock Exchange (BSE)

2008 February Port Services Agreement signed with Maruti Suzuki


India Ltd. for handling car exports.

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