Economy
Essar Ports Secures Rs 2,276-Crore Tuna Tekra Multipurpose Terminal Project

Essar Ports Secures Rs 2,276-Crore Tuna Tekra Multipurpose Terminal Project

The Hindu1h
THE BRIEF
1

Essar Ports received a Letter of Award from Deendayal Port Authority to develop a multipurpose cargo terminal at Tuna Tekra in Kandla, Gujarat, for Rs 2,276.06 crore.

2

The project will be executed on a build, operate, and transfer model under a public-private partnership, with Essar contributing Rs 1,552.57 crore.

3

The terminal will feature four berths with an aggregate length of 1,200 metres and handle an annual cargo capacity of 18.33 million tonnes.