NYLIM Jacob Ballas India has invested Rs 200 crore by way of primary and secondary investments in Marg Karaikal Port for a minority stake.

The funds will facilitate the port to expand its capacity to 28 million tonne per annum from the present 21 MTPA.

IDFC and Ascent Capital have already invested in the port, which is located in Puducherry, says a company press release.

comment COMMENT NOW