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Published: July 2002      

Kandla up for grabs...

The Kandla Port Trust (KPT) is to invite fresh tenders for the development and operation of a container terminal at the Indian west coast port after P& O Ports withdrew its offer to build the Rs3 bill (US$60 mill) facility on a 30 year build, operate and transfer (BOT) basis.

As reported in the February 2002 issue of WorldCargo News (p4), the KPTagreed a draft concession pact with P& OPorts last October and sent it to the federal Ministry of Shipping for approval. P& O Ports reportedly insisted, however, on an assurance of a monopoly on container handling in the port before taking up the Kandla project. The government turned down the request, leading to P& OPorts' exit....


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Approx 200 words from WorldCargo News, July 2002, page 7.

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