AMN
Deendayal Port Authority and DP World have signed a concession agreement in the presence of Ports, Shipping and Waterways Minister Sarbananda Sonowal in New Delhi.
The project involves the construction of a mega-container terminal at Tuna-Tekra near the existing Deendayal Port, at a cost of over 4,243 crores rupees through a Public Private Partnership. Once completed the terminal will have an annual capacity of 2.19 million twenty-foot equivalent units (TEUs) and will include a 1,100 metre berth capable of handling next-generation vessels carrying more than 18,000 TEUs.
This concession agreement is a part of Mr Sonowal’s target of identifying investment opportunities of more than 10 lakh crore rupees in Indian Maritime Sector ahead of the Global Maritime Summit 2023.