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 Asian Development Bank (ADB) has given Nhava Sheva Freeport Terminal Private Limited (NSFTPL) a US$131 million loan to upgrade the Jawaharlal Nehru Port Container Terminal.
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