Adani-MSC deal: State govt. cautious as APSEZ clarifies stance in second letter

AI Summary

The state government expresses caution regarding the Adani-MSC deal over port mortgage rights, as APSEZ clarifies that the new partner MSC will not have monopoly rights at the port. APSEZ confirms the port will remain accessible to all users without discrimination.

It remains unclear whether the mortgage rights over the port site and its assets granted to the AVPPL for the concession period will be applicable to the new partner, MSC. APSEZ tells State govt. that would MSC will not enjoy a monopoly at the port will be accessible to all users without discrimination