Delhi, Oct. 21 -- Deendayal Port Authority (DPA), Kandla, has issued a Letter of Award (LoA) to Essar Ports Limited on Wednesday for the development of a multi-purpose cargo terminal at Tuna Tekra, Kandla.

The project will be implemented on a Build-Operate-Transfer (BOT) basis under the Public-Private Partnership (PPP) mode for a concession period of 30 years, marking a step towards strengthening India's maritime infrastructure.

According to DPA, Essar Ports Limited emerged as the highest bidder through a global competitive bidding process, offering a royalty of Rs 61 per tonne payable to DPA. The terminal will be developed on the eastern side of DPA's Mega Container Terminal at Tuna Tekra, which is being developed by DP World under the...