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.
Cost of Chennai box terminal up 20%
India’s Chennai Port Trust (CPT) said the estimated cost of the port’s proposed third container terminal has risen 20% from US$635M to about US$756M.
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