3i India Infrastructure Fund, established by London-based private equity firm 3i Group, has invested US$161M for a minority stake in Krishnapatnam Port Co (KPC).
KPC, set up by the Navayuga Group, has been awarded a 30-year concession (extendable to 50 years) to develop and operate Krishnapatnam port in Andhra Pradesh state on India’s east coast....
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This complete item is approximately 200 words in length, and appeared in the March 2009 issue of WorldCargo News, on page 9.
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