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 India’s eastern state of Orissa has shortlisted all five companies which put in requests for qualification to convert Gopalpur, a minor and seasonal port, into an all-weather facility (see WorldCargo News November 2004, p11.
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