Spanish logistics firm Dragados reportedly wants to offload its 24 percent stake in a joint venture with Gammon Infrastructure Projects for setting up the Rs 1,400-crore Indira Container Terminal at Mumbai Port. Both the firms jointly bagged the project in 2007. The Indira container terminal at Mumbai Port is an equal joint venture between Gammon Infrastructure and Spain-based Dragados
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MbPT’s terminal project faces inordinate delay
Industry observers feel that Indira Container Terminal (ICTPL) may not be able to complete the proposed container terminal project at Mumbai Port Trust (MbPT) by December. It may be noted that the union shipping ministry set December 2013 as deadline for the project, which has been delayed by more than six years after the agre
Gammon Infra to start MbPT terminal by 2012-end
Gammon Infrastructure Projects (GIPL) hopes to commission its offshore container terminal port project at the Mumbai Port Trust (MbPT) by the end of next year, according to the company.