The Public Investment Board (PIB) has
cleared Mumbai Port Trust's (MbPT) Rs.1,500 crore offshore container terminal
project, which was delayed for more than two years owing to security clearances.
Mumbai Port is expected to issue a
letter of intent to Gammon India-led consortium, which emerged as the leading
bidder for the proposed project by end-July 2007. Gammon has tied up with
Italian company Dragados SPL and Gammon Infrastructure Project for the purpose.
The project involves setting up two
container berths with a total length of 700 metres.
Also See:
MbPT's
offshore container terminal under government scrutiny (07-May-07)
Related Links:
Project
profile