Essar Ports Ltd. has reportedly emerged as the highest bidder to develop a multipurpose cargo berth at Tuna Tekra with an estimated investment of ₹1,686.66 crore. The project, located outside Kandla Creek, is designed to handle 18.33 million tonnes of non-liquid and non-container cargo annually. According to sources, Essar Ports quoted a royalty of around ₹60 per tonne when financial bids were opened on April 24. Vedanta Ports, a unit of Vedanta…
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