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CPT discusses royalty issue with consortium
July 2, 2013July 2, 2013by In Ports & Shipping

CPT discusses royalty issue with consortium

Calcutta Port Trust (CPT) is said to be holding discussion with the consortium of Concast Infratech and Hyundai Engineering Construction over the royalty payment for the proposed Haldia Dock II project at Salukkhali in East Midnapore. The consortium, which was the sole bidder for the south part of the port project, offered to share only 1 per cent of the gross revenue as royalty. However, this was not agreeable to the port management and hence both