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PORTS

IPL has decided to foray into the infrastructure sector with plans to invest up to Rs 1,500 crore to set up a greenfield port in Gujarat. Being a leading importer of Di-ammonium Phosphate (DAP) and Muriate of Potash (MOP), we are planning to establish a greenfield port in Kuda, near Bhavanagar district in Gujarat with an investment of Rs 1,200-1,500 crore.

An important aspect of IPLs operations is its port operations. By virtue of being in the trade for a long period and handling huge quantities, the company has established an efficient port handling operation. Setting up a port was a logical step for us as we already have a long experience in port handling operations. IPL is engaged in import and trading of fertilisers like MOP, DAP and Urea. It had imported around 9.4 million tonnes of fertilisers in 2010-11 fiscal.

 
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