Deendayal Port partners DP World for Gujarat's mega terminal.
PORTS & SHIPPING

Deendayal Port partners DP World for Gujarat's mega terminal.

The Ministry of Ports, Shipping and Waterways (MoPSW) in India is taking a significant step towards bolstering the country's economic growth by developing state-of-the-art port infrastructure. Deendayal Port Authority (DPA), a prominent Major Port on India's West Coast, is set to ink a concession agreement with DP World, a global logistics giant headquartered in Dubai. This agreement is aimed at establishing a modern mega container terminal at Tuna-Tekra, Gujarat, near Kandla.

Costing Rs 4,243.64 crore and structured as a 30-year Public Private Partnership (PPP) project under Hindustan Infralog Private Limited (a joint venture of DP World and National Investment and Infrastructure Fund), the terminal's construction aligns with the Government of India's Vision 2047 and the goal of quadrupling port handling capacity. Once operational, the terminal's annual capacity is projected to reach 2.19 million container units, enabling the accommodation of next-generation vessels with capacities of over 18,000 TEUs.

The development is strategically positioned to meet the growing trade demands of Northern, Western, and Central India, acting as a conduit to global markets. It's anticipated to reduce congestion at Kandla creek, enhance handling capabilities for larger container ships, and decrease turnaround times. The project will also foster sustainable port practices in alignment with green guidelines. With a strong multimodal connectivity, including road, rail, and highways, the terminal is poised to be a vital link between the hinterland and global markets, in line with the Prime Minister's initiatives such as the PM Gati Shakti Master Plan and National Logistics Policy.

The Ministry of Ports, Shipping and Waterways (MoPSW) in India is taking a significant step towards bolstering the country's economic growth by developing state-of-the-art port infrastructure. Deendayal Port Authority (DPA), a prominent Major Port on India's West Coast, is set to ink a concession agreement with DP World, a global logistics giant headquartered in Dubai. This agreement is aimed at establishing a modern mega container terminal at Tuna-Tekra, Gujarat, near Kandla. Costing Rs 4,243.64 crore and structured as a 30-year Public Private Partnership (PPP) project under Hindustan Infralog Private Limited (a joint venture of DP World and National Investment and Infrastructure Fund), the terminal's construction aligns with the Government of India's Vision 2047 and the goal of quadrupling port handling capacity. Once operational, the terminal's annual capacity is projected to reach 2.19 million container units, enabling the accommodation of next-generation vessels with capacities of over 18,000 TEUs. The development is strategically positioned to meet the growing trade demands of Northern, Western, and Central India, acting as a conduit to global markets. It's anticipated to reduce congestion at Kandla creek, enhance handling capabilities for larger container ships, and decrease turnaround times. The project will also foster sustainable port practices in alignment with green guidelines. With a strong multimodal connectivity, including road, rail, and highways, the terminal is poised to be a vital link between the hinterland and global markets, in line with the Prime Minister's initiatives such as the PM Gati Shakti Master Plan and National Logistics Policy.

Next Story
Infrastructure Transport

NHAI to Build 6-Lane Agra-Gwalior Expressway on BOT (Toll) Mode

To enhance connectivity between the tourism hubs of Agra and Gwalior, National Highways Authority of India (NHAI) will develop 88 km long 6-lane access controlled Agra-Gwalior Greenfield Expressway (NH-719D). NHAI, today signed a concession agreement for the implementation of project with GR Infraprojects, in presence of NHAI Chairman, Santosh Kumar Yadav and senior officials of NHAI and the Concessionaire. The Agra-Gwalior Greenfield Expressway will start from Deori village in Agra and terminate at Susera village in Gwalior. The project shall be developed at a Total Capital Cost of Rs 46.13 b..

Next Story
Infrastructure Transport

Cabinet Nods 166.8-km NH-6 Greenfield Corridor on HAM Mode

The Cabinet Committee on Economic Affairs chaired by the Prime Minister Narendra Modi has approved the proposal for Development, Maintenance and Management of 4-lane Greenfield Access Controlled 166.80 km of National Highway No. 06 from Mawlyngkhung (near Shillong) in Meghalaya to Panchgram (near Silchar) in Assam on Hybrid Annuity Mode as an access controlled greenfield High-Speed Corridor at a total capital cost of Rs 228.64 billion. The project length of 166.80 km lies in Meghalaya (144.80 km) and Assam (22.00 km). The proposed Greenfield high-speed corridor will improve the service level ..

Next Story
Infrastructure Urban

Commercial Ops Begin at Multi-Modal Logistics Park in Nagpur

Under the PM Gati Shakti initiative of Prime Minister with the aim to provide seamless and efficient connectivity for the movement of people, goods and services across various modes of transport, thereby enhancing last-mile connectivity and reducing travel time, and under the guidance of Union Minister of Road Transport and Highways, Nitin Gadkari, the Multi Modal Logistics Park, Nagpur (MMLP Nagpur) at Sindi, near Wardha commenced its commercial operations with a goal to establish a faster link. The MMLP Nagpur established by National Highway Logistics Management (NHLML), a 100 per cent own..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?