Following is an excerpt from a report in Financial Express.

Besides ArcelorMittal, there are four others, Jamshedpur -based Adhunik Metaliks, Chennai-based SPI Ports Pvt Ltd and Sical Logistic Ltd besides Mundra Port and SEZ Limited, Mumbai has given proposals.

While Adhunik Metaliks proposed to set up a 10-30 million tonne (MT) capacity port at Barunai at an investment of Rs 1683.62 crore, SPI Ports expressed interest to build a 19.76- 41.79MT capacity port at an investment of Rs 1,550 crore.

Sical Logistic wanted to set up a 18-46MT capacity port at an estimated cost of Rs 2,500-3,600 crore and Mundra company proposed to invest Rs 5,000 crore, the minister said.