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.
India’s Kerala state government will float a global tender next year to select a private partner to build the Rs53.5B (US$1.14B) Vizhinjam International Container Transhipment Terminal (VICTT).
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