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.
New port for Kolkata
T R Baalu, India’s Minister for Shipping, has announced that a new port is to be built at Sagar Island, near the Port of Kolkata, and four new berths will be built at Kolkata’s Haldia Dock Complex. A pre-feasibility study had been completed and a feasibility study is currently being carried out.
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