BIZ-GJ-SUMMIT-MOUS

The Gujarat government

signed around 130 MoUs with investment commitments worth over

Rs 56,000 crore in various sectors on the first day of the

Vibrant Gujarat Global Summit here Friday, said officials.

A majority of the MoUs, also called Investment

Intentions (IIs), were signed in the port and transport

sector.

China-based Tsingshan group commited to invest Rs

21,000 crore to set up a steel plant and a facility to

manufacture car batteries in Dholera SIR, said the officials

at a press meet.

Besides this mega agreement, MoUs worth over Rs 35,000

crore were also signed during the opening day of the three-day

business conclave which was inaugurated by Prime Minister

Narendra Modi.

A key MoU was signed with Petronet LNG Ltd with an

intended investment of Rs 2,100 crore for expansion of their

existing LNG Port Terminal at Dahej, said Sunaina Tomar,

principal secretary, state port and transport department.

"Another MoU was signed with HPCL Rajasthan Refinery

Ltd with an intended investment of Rs 1,400 crore for

development of Single Point Mooring System and Crude Oil

Terminal at Mandvi," she told reporters.

An MOU was signed with Hindustan Petroleum Corporation

Ltd with an intended investment of Rs 1,350 crore for LPG

import facilities along with a jetty at Dahej Port and LPG

cavern and pumping facilities at Ankleshwar, Tomar said.

An MOU was signed with Adani Group with an intended

cumulative investment of Rs 3,500 crore across three projects

- development of a captive jetty at Kori Creek, cargo handling

terminal at Mundra and Ro-Ro ferry facility at Mundra, she

said.

"An MoU was signed with Essar Group with an intended

cumulative investment of Rs 7,485 crore across two projects -

development of port-based Smart City and an LNG terminal at

Hazira, the IAS officer said.

Gujarat Pipavav Port Ltd (APM Terminals Pipavav) has

expressed interest in development of a Ro-Ro terminal at

Pipavav, she said.

"A tripartite MOU was signed between Gujarat Maritime

Board, J M Baxi & Co and Port of Amsterdam with an intended

cumulative investment of Rs 800 crore for development of

cruise terminals at Mandvi, Dwarka, Porbandar and Verava,"

Tomar said.

An MOU was signed with Dahej Harbour and

Infrastructure Ltd with an intended investment of Rs 700 crore

for expansion of their existing port facility at Dahej, she

added.

Two Rajkot-based firms have also signed MoUs to set up

artillery factories after getting clearance from the Centre,

said Air Marshal R K Dhir, advisor to the Gujarat government

for the aerospace and defence sector.