Essar Ports bags ₹2,276-crore Tuna Tekra terminal project in Gujarat
Essar Ports has secured a contract to develop a multipurpose cargo terminal at Tuna Tekra in Kandla, Gujarat. The project, valued at ₹2,276 crore, will be executed under a public-private partnership model to increase annual cargo capacity by 18.33 million tonnes.
Why it matters
This investment significantly boosts India's maritime infrastructure and logistics capacity, supporting the government's push for modernized port facilities.
Essar Ports bags ₹2,276-crore Tuna Tekra terminal project in Gujarat left Essar Ports emerged as the highest bidder in a global competitive bidding process for the project, which will be implemented on a build, operate and transfer (BOT) basis (For illustration) The Hindu The Hindu https://th-i.thgim.com/public/incoming/4ey6xe/article71608177.ece/alternates/FREE_1200/essar%20ports.jpg Venkatesan R 5375 New terminal at Kandla to handle 18.33 million tonnes of cargo annually. MUMBAI Essar Ports Ltd, part of the Essar Group, has received a Letter of Award (LoA) from Deendayal Port Authority (DPA) to develop a multipurpose cargo terminal at Tuna Tekra in Kandla, Gujarat, at an estimated cost of ₹2,276.06 crore under the public-private partnership (PPP) model. Essar Ports emerged as the highest bidder in a global competitive bidding process for the project, which will be implemented on a build, operate and transfer (BOT) basis.
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