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Essar Ports to Tap Domestic, International Markets for Raising up to $1 Billion

Essar Ports to Tap Domestic, International Markets for Raising up to $1 Billion
New Delhi: Private sector port operator Essar Ports (EPL) today said it seeks shareholders' approval to raise up to $1 billion through securities from domestic and international markets to fund its expansion plans.   One of the country's largest port operators, EPL plans to increase its cargo handling capacity from 104 million tonnes per annum (MTPA), at present, to 194 MTPA, it said in a regulatory filing.   Essar Ports has four op...
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