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.
Mundra Port and Special Economic Zone and a consortium of Welspun Infratech Ltd, Welspun Corp Ltd and Leighton Welspun Contractors Pvt Ltd have been shortlisted by the Kerala government for a 30 year build-operate-transfer (BOT) contract to develop and operate the planned Vizhinjam International Deepsea Container Terminal on India’s south west tip
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