The Visakhapatnam Port Trust has received seven bids for extension of container terminal at the port.
The bidders include Visakha Container Terminal (VCTPL), a JV between DP World and United Liner Agencies, Simplex Infrastructures, Gammon Infrastrcuture Projects, Gangavaram Port, Adani Port SEZ, Welspun and Navayuga Engineering Co. The terminal is to be developed at an estimated cost of Rs 613.91 crore.
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