Citizens' Issues
Postal weight & stamp-boxes

The scale depicts the rates of postage, with weight limits being specified in ounces and tolas. It is a miniature brass gem, and it comes with small brass weights. Mr Jayakar got it from chor bazaar. The stamp boxes were acquired from various individuals. One of the three shows fine jaafri work on brass with enamel. The brighter stamp box contained some stamps when Mr Jayakar obtained it

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Adani bags lease for Australia’s Abbot Point Coal Terminal

With this acquisition, MPSEZ doubles its present balance sheet size and adds 50 million tonnes capacity. Mundra Port operates ports at Mundra and Dahej and is developing ports at Hazira and coal terminals at Mormugao

New Delhi: Mundra Port & Special Economic Zone (MPSEZ), a unit of Adani Enterprises has bagged a long-term lease to operate the Abbot Point Coal Terminal in Australia's Queensland state for about 1.8 billion Australian dollars, reports PTI.

"The state of Queensland in Australia has declared MPSEZ as the successful bidder for a long-term lease (99 years) of Abbot Point X50 Coal Terminal (APCT) following international competitive bidding," MPSEZ, a subsidiary of the country's largest private port operator Adani Enterprises, said in a statement.

APCT is a coal export port in Queensland and is owned by North Queensland Bulk Ports Corporation (NQBP).

"We have harboured aspirations to expand globally and were in search of right business opportunity with strategic fit. Abbot Point is our contribution to India's increasing global ambition and will boost synergy with other businesses of the group," Adani Group chairman Gautam Adani said.

With this acquisition, MPSEZ doubles its present balance sheet size and adds 50 million tonnes capacity. Mundra Port operates ports at Mundra and Dahej and is developing ports at Hazira and coal terminals at Mormugao.

Abbot Point is expected to have revenues of A$110 million in 2011, with an EBITDA of A$59 million. The coal terminal has two berths capable of handling cape size vessel of over 2 lakh tonnes deadweight with annual capacity to load 50 million tonnes.

Shares of Adani Enterprises declined 0.02% to Rs628.40 in noon trade on the Bombay Stock Exchange.

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Tickets to ride



These two tickets, of BB&CI (Bombay, Baroda and Central India) and GIP (Great Indian Peninsular) Railways were found in a scrapbook. The BB&CI ticket is a first-class one, from Marine Lines to Bandra, and costs one rupee, five annas. The date punched on it is 27 Jan 1860. The GIP ticket is very rare. It is from Victoria Terminus to Vile Parle via Mahim. What makes it interesting is the punched date, which reads 16 June (19)10. The word ‘June’ is inverted.

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