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 objection
P&O Ports, the successful bidder for the development and operation of a Rs3 bill (US$60 mill) container terminal at the Indian port of Kandla, has opposed changes to an exclusivity clause on handling containers at the port proposed by the Kandla Port Trust (KPT).
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