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Fourteen in fray for Mormugao port's iron ore terminal

Thursday, 11 Feb 2010
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The Mormugao Port Trust (MPT), Goa, has reportedly received bids from 14 companies for its proposed iron ore export terminal project 'West of Breakwater' based on the PPP model. The estimated contract value is Rs 721 crore.

The companies include L&T, the Adani Group, the VM Salgaocar Group, the Essar Group, the Lanco Group, MSPL, IMC, Gangavaram Port, Gammon India, Infrastructure Leasing & Financial Services, the Jindal Group, Sterlite Industries, GVK and Shapoorji Pallonji & Company.

The terminal which is likely to provide much needed mechanised facilities for direct export of Karnataka's iron ore through MPT is to become operational by March 2014.

MPT is likely to sign a concession agreement with the developer by August 2010.

Also See:

RFQs invited for iron ore terminal at Mormugao Port (09-Nov-09)

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