USD515.47 million Container Terminal PPP project secures approval in India
9 November 2022
The Cabinet Committee on Economic Affairs (CCEA) has announced the approval of the Container Terminal project at Tuna-Tekra, Deendayal Port located in the Gulf of Kutch in the State of Gujarat, India. The INR42.43 billion (US$515.47 million) project will be developed on a Build, Operate & Transfer (BOT) basis under Public-Private-Partnership (PPP) mode.
The project involves handling three vessels at a time with allied facilities having a capacity of 2.19 million TEUs. The project will cater to 14 m draught vessels of 6000 TEUs and accordingly, a common Access Channel will be dredged & maintained by the Concessioning Authority at 15.50 m to navigate container vessels of 14 m draught all round the clock.
The Concessionaire shall be responsible for the design, engineering, financing, procurement, implementation commissioning, operation, management and maintenance of the Project for a period of 30 years.
The container terminal will increase the business potential of Kandla, boost the economy and generate employment.
Related
-
Strabag to build Slovenia’s tallest office building
8 October 2025
-
ACWA Power Appoints Kent as Owner’s Engineer for Yanbu Green Hydrogen Hub in Saudi Arabia
6 October 2025
-
CPB Contractors to build Australian primary school
6 October 2025
-
Eni to invest $8bn in Egypt’s energy sector
1 October 2025
-
China’s Asia-Potash plans $1.6bln fertiliser complex in Algeria
30 September 2025
-
Qatar’s UCC Holding announces the launch of Damascus International Airport Project
29 September 2025