Essar Ports wins ₹2,276-crore Tuna Tekra terminal project
In short
Essar Ports won a ₹2,276-crore project to build the Tuna Tekra terminal in Gujarat. The terminal is said to handle 18.33 million tonnes of cargo a year and run under a 30-year PPP concession.
The project could help bigger ships and reduce pressure on existing berths, but the reporting does not say when construction will finish.
What the reporting says
Essar Ports won the ₹2,276-crore Tuna Tekra terminal project in Gujarat, with reporting saying the new terminal at Kandla will handle 18.33 million tonnes of cargo annually. The project will be developed through a 30-year build-operate-transfer concession under the public-private partnership route. The reporting says the four-berth facility should help larger vessels and ease pressure on existing dry-cargo berths, but the final completion timeline is not stated.
Why it matters
Essar Ports secured the ₹2,276-crore Tuna Tekra terminal project in Gujarat. The reported plan is for a new terminal at Kandla with capacity for 18.33 million tonnes of cargo a year, developed under a 30-year BOT concession via the PPP route. The four-berth facility is expected to improve logistics and berth availability, though the reporting does not give a start date or completion date.