India's Deendayal Port and DP World Create ₹4.2K Cr Terminal Venture
PORTS & SHIPPING

India's Deendayal Port and DP World Create ₹4.2K Cr Terminal Venture

The Deendayal Port Authority (DPA) is preparing to enter into a concession agreement with DP World, a Dubai-based multinational logistics company. This agreement pertains to the establishment, operation, and maintenance of a new expansive container terminal at Tuna-Tekra, Gujarat, near Kandla.

Under this agreement, the project involves the creation of a mega-container terminal at Tuna-Tekra, near Kandla, through a public-private partnership (PPP) model, at a projected cost of ₹42.43 billion. Once finalized, this terminal will have the capacity to handle 2.19 million container units (TEUs) annually, accommodating next-generation vessels capable of carrying over 18,000 TEUs.

The primary objective of the new terminal is to address the future trade demands of northern, western, and central India, fostering global market connections for these regions. The initiative aligns with the Indian Government's Vision 2047, which aims to significantly expand port handling capacity and develop a multimodal logistics infrastructure to stimulate economic growth.

The project's agreement spans 30 years and involves a Special Purpose Vehicle (SPV) created by Hindustan Infralog Private Limited, a joint venture between DP World and the National Investment and Infrastructure Fund (NIIF). This agreement operates on a Build-Operate-Transfer (BOT) basis, with the potential to extend up to 50 years.

Emphasizing environmental sustainability, the container terminal will adhere to green port guidelines, integrating best practices for managing the port environment. This approach contributes to the long-term sustainability goals outlined by the Indian Government.

The project's benefits encompass enhanced operational efficiency, including reduced congestion at Kandla creek, improved handling of mega-container vessels, decreased turnaround time, and the establishment of resilient and efficient supply chains within the country.

Facilitated by a comprehensive network of roads, railways, and highways, the terminal will serve as a pivotal connection between the hinterland and global markets.

This project is a key component of the National Infrastructure Pipeline and will complement the objectives of government initiatives such as the PM Gati Shakti Master Plan and National Logistics Policy, as envisioned by the Prime Minister.

See also:
Ministry of Ports partners with DP World for Gujarat terminal
Indian Minister Urges Ambassadors for Maritime Investment


The Deendayal Port Authority (DPA) is preparing to enter into a concession agreement with DP World, a Dubai-based multinational logistics company. This agreement pertains to the establishment, operation, and maintenance of a new expansive container terminal at Tuna-Tekra, Gujarat, near Kandla. Under this agreement, the project involves the creation of a mega-container terminal at Tuna-Tekra, near Kandla, through a public-private partnership (PPP) model, at a projected cost of ₹42.43 billion. Once finalized, this terminal will have the capacity to handle 2.19 million container units (TEUs) annually, accommodating next-generation vessels capable of carrying over 18,000 TEUs. The primary objective of the new terminal is to address the future trade demands of northern, western, and central India, fostering global market connections for these regions. The initiative aligns with the Indian Government's Vision 2047, which aims to significantly expand port handling capacity and develop a multimodal logistics infrastructure to stimulate economic growth. The project's agreement spans 30 years and involves a Special Purpose Vehicle (SPV) created by Hindustan Infralog Private Limited, a joint venture between DP World and the National Investment and Infrastructure Fund (NIIF). This agreement operates on a Build-Operate-Transfer (BOT) basis, with the potential to extend up to 50 years. Emphasizing environmental sustainability, the container terminal will adhere to green port guidelines, integrating best practices for managing the port environment. This approach contributes to the long-term sustainability goals outlined by the Indian Government. The project's benefits encompass enhanced operational efficiency, including reduced congestion at Kandla creek, improved handling of mega-container vessels, decreased turnaround time, and the establishment of resilient and efficient supply chains within the country. Facilitated by a comprehensive network of roads, railways, and highways, the terminal will serve as a pivotal connection between the hinterland and global markets. This project is a key component of the National Infrastructure Pipeline and will complement the objectives of government initiatives such as the PM Gati Shakti Master Plan and National Logistics Policy, as envisioned by the Prime Minister. See also: Ministry of Ports partners with DP World for Gujarat terminalIndian Minister Urges Ambassadors for Maritime Investment

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?