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.
Paradip port in eastern India has shortlisted three private bidders to complete the dredging at two multi-purpose berths left unfinished when state-owned Dredging Corporation of India (DCI) quit the job after a cyclone ravaged the port last year…
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