Sical Iron Ore Terminal Ltd. (SIOTL), Ennore
MMTC is one of the promoters of SIOTL with equity investment of 26% in the total equity of Rs.130 crore. Lead partner in the JV company (with 63% equity) is Sical Logistics Ltd. which in turn, is owned by Café Coffee Day Group. Other partner is L&T IDPL with 11% equity. A modern state-of-the-art iron ore handling facility has been created by the JV company at Ennore Port at a cost of over Rs.390 crore.