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DP World secures Rs 6 bn terminal project

DP World secures Rs 6 bn terminal project
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DP World, which was the lone bidder for the Rs 600 crore container terminal project in Jawaharlal Nehru Port Trust, received the contract from the port.

Media reports suggest that the board of trustees of the port decided to award the contract to the bidder after the latter agreed to increase the revenue share by 1 percent to 28.09 percent.

The Dubai government-owned company, which is already operating a terminal at the port Nhava Sheva International Container Terminal has earlier offered 27.09 percent of the revenue with the government.

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