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.
ABG Goa Port Ltd, which is developing two multi-purpose berths at Mormugao port in India’s Goa state, has announced financial closure after the Housing & Urban Development Corporation agreed to give the company a loan of Rs500 mill (US$10.9 mill).
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