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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. 

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Last Updated on 17-01-2020