Deals10 Jul 2024, 02:08 am
Adani Ports Receives LOI for Berth No. 13 Development at Deendayal Port
AI Summary
Adani Ports and Special Economic Zone Ltd. has received a Letter of Intent (LOI) from Deendayal Port Authority for the development, operation, and maintenance of Berth No. 13 at Deendayal Port. The concession period is for 30 years, and the berth is 300m long with an annual capacity of 5.7 MMT. The LOI was awarded through a competitive bidding process, and the berth will be operated under DBFOT (Design, Build, Finance, Operate and Transfer) basis for multipurpose clean cargo, including container cargo.
Key Highlights
- Adani Ports receives LOI for Berth No. 13 development at Deendayal Port
- 30-year concession period
- Berth is 300m long with an annual capacity of 5.7 MMT
- Awarded through a competitive bidding process
- To be operated under DBFOT basis for multipurpose clean cargo