India expands foreign port presence with new consortium
NewsIndia is forming a consortium to acquire and develop foreign ports, with IPGL managing operations, IPRCL handling infrastructure, and SDCL overseeing financing.
India’s Orissa state government has cancelled a Memorandum of Understanding (MoU) it signed with Adani Exports Ltd and plans to invite fresh tenders for the development of the Port of Gopalpur as an all-weather facility.
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