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.
Kandla stalls…
Some 18 months after the issuing a letter of intent and the drafting of a concessional agreement (see WorldCargo News April 1999, p6), authorities at India’s western port of Kandla have decided to reject P&O Ports’ offer to develop and operate container handling facilities at the port.
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