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 first berth of a new container terminal at the Port of Kandla on India’s west coast has been put into operation by ABG Kandla Container Terminal Ltd (ABGKCT), which won a 30 year concession to develop and operate the facility in 2005.
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