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.
PSA gets the nod for Kandla stake
Singapore’s PSA International has received Indian government clearance for its proposed investment of US$60M in the company that operates the container terminal at India’s west coast port of Kandla (see WorldCargo News March 2008, p15).
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