KPPL meaning in General ?

Answer:

What is Karaikal Port Private Limited mean?

Karaikal Port Private Limited (KPPL), a private port developed by the Chennai based MARG Limited, became operational in April, 2009. The port is located on the Eastern coast of India in Karaikal around 300 km south of Chennai Port and around 360 km north of Tuticorin Port. The shoreline of the port is between 10° 50’ 56’’ N and 10° 49’ 44’’ N.

Karaikal Port project began with a Letter of Interest issued by Govt. of Pondicherry for development of a port at Karaikal in September 2005. MARG Ltd. signed the concession agreement in 2006 and work began in February, 2007. Phase 1 was envisaged to be operational in Aug 2009. Karaikal Port became operational in April 2009 when it received its first vessel. Phase 1 comprises 2 Panamax size berths capable of handling 5.2 million MT of cargo per annum. The port has received over 1655 vessels since Commercial Operations and has handled over 55 million MT of various cargo.

KPPL has partners in Ocean Sparkle (marine operations) and PSTS (Stevedoring). Cargo evacuation is assisted by MARG Logistics, a sister concern of KPPL.

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