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 federal Ministry of Shipping is seeking Cabinet approval for rejection of the lone financial bid submitted by the P&O Ports in 1999 for the Vallarpadam container transhipment terminal project in the southern port of Kochi.
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