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.
Plans by India’s Kolkata Port Trust (KoPT) to build a new port at Diamond Harbour on the Hooghly River (see WorldCargo News May 2008, p22) have hit the blocks after the Defence Ministry decided not to release 43 acres of land it owns that are needed for the project.
By registering you will have: