Deendayal Port Authority Awards ₹2,276 Crore Multipurpose Terminal Project At Tuna Tekra

Essar Ports Limited has received the Letter of Award (LOA) from Deendayal Port Authority (DPA) for the development of a multipurpose cargo terminal at Tuna Tekra, Kandla, Gujarat, on a Build, Operate and Transfer (BOT) basis under the Public-Private Partnership (PPP) mode. Essar Ports emerged as the highest bidder through a global competitive bidding process.

With a total estimated project cost of ₹2,276.06 crore, including an investment in excess of ₹1,552.57 crore by Essar Ports and ₹723.49 crore by DPA, the project marks a significant step in Essar Ports’ strategy to expand its portfolio and strengthen its presence in India’s port infrastructure sector.

Strategically located on India’s western coast, the proposed terminal is a significant step towards strengthening the country’s maritime infrastructure, enhancing cargo-handling capacity and facilitating trade growth.

Essar Group is a global conglomerate with over five decades of entrepreneurial experience in conceptualising, investing, building, and operating world-class assets across the energy, infrastructure, metals & mining, technology & retail sectors. Essar’s current ports portfolio comprises approximately 60 MTPA of operational capacity across Gujarat, Indonesia and the United Kingdom. Through Essar Ports, the Group is expanding its port business in India and international markets.

This story was originally published by Marine Insight. Read the full story at Marine Insight →