Adani Ports and Special Economic Zone (APSEZ) has received the letter of intent from the Kandla Port Trust (KPT) to set up a dry bulk terminal at the Kandla Port on BOT basis.The company has emerged as the highest bidder on revenue share basis and has been awarded the concession in a competitive bidding scenario.
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Govt clears Kandla bulk terminal
The Cabinet Committee on Infrastructure cleared the proposal of Kandla Port Trust to develop a separate dry bulk terminal, equipped with top technology and mechanisation, at an estimated cost of Rs 1,060 crore on a build-operate-transfer (BOT) basis.