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.
The government of the south Indian state of Kerala has opened discussions with companies that responded to its tenders inviting expressions of interest in developing Azhikkal and Alapuzha ports (see WorldCargo News October 2003).
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