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Govt, Hyd firm ink deal for Cuddalore port ops

The New Indian Express Nagapattinam

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July 05, 2025

IN a move to unlock the commercial potential of its minor ports, the state government has signed a memorandum of understanding with Mahathi Cuddalore Port and Maritime Pvt Ltd to operate the Cuddalore port under a public-private partnership model.

- EXPRESS NEWS SERVICE @ Chennai

The agreement, formalised on Saturday at the secretariat in the presence of CM MK Stalin, marks a significant step in TN's strategy to expand maritime infrastructure and attract private sector participation in port operations.

The port operator was selected through a competitive process after the Tamil Nadu Maritime Board issued an expression of interest inviting private firms to operate the port.

The New Indian Express Nagapattinam

यह कहानी The New Indian Express Nagapattinam के July 05, 2025 संस्करण से ली गई है।

हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।

क्या आप पहले से ही ग्राहक हैं?

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