CapEx News

Project News,Updates,Bids & Tenders for Consultants,EPC Contactors,Industrial Suppliers & Service Providers

Home   »   CapEx-News   »  

Concession agreement signed between Deendayal Port and DP World for Mega-Container Terminal at Tuna Tekra, DPA, Gujarat

Environment  -  Aug 28,2023  - 

HE Sultan Ahmed Bin Sulayem, Group Chairman and CEO, DP World; Rizwan Soomar, DP World, CEO & MD, Middle East, North Africa and India; Sanjay Mehta, IFS, Chairperson and other senior officials of the ministry were present at the signing of a concession agreement between Deendayal Port Authority and DP World in New Delhi.

By linking Northern, Western, and Central India to international markets, this cutting-edge container port at Tuna-Tekrawill meet future trade demand from those regions.

The project involves the construction of a mega-container terminal at Tuna-Tekra near the existing Deendayal Port, at a cost of Rs 4,243.64 crore (~$510 million) through a Public Private Partnership (PPP).

Once completed the terminal will have an annual capacity of 2.19 million TEUs, and will include a 1,100m berth capable of handling next-generation vessels carrying more than 18,000 TEUs.

The Container Terminal is expected to transform the economic landscape of Kutch, with creation of several ancillary services like warehousing, etc. and also result in creation of direct and indirect employment opportunities to hundreds of people.

Company : DP World

Deendayal Port Authority