Essar Ports wins Rs 2,276 crore Tuna Tekra Terminal project at Kandla

Mumbai, Oct 21 (UNI) Essar Ports Limited has secured the Letter of Award from Deendayal Port Authority for developing an 18.33 million tonne-per-annum multipurpose cargo terminal at Tuna Tekra in Kandla, Gujarat, under a 30-year Build, Operate and Transfer concession according to a statment issued by company here on Wednesday. The company emerged as the highest bidder in a global competitive bidding process for the project, which has an estimated cost of Rs 2,276.06 crore. Essar Ports will invest more than Rs 1,552.57 crore, while the port authority will contribute Rs 723.49 crore. The proposed facility will have four berths,…