Office Address
123/A, Miranda City Likaoli Prikano, Dope
Phone Number
+0989 7876 9865 9
+(090) 8765 86543 85
Email Address
info@example.com
example.mail@hum.com
123/A, Miranda City Likaoli Prikano, Dope
+0989 7876 9865 9
+(090) 8765 86543 85
info@example.com
example.mail@hum.com
The DP world has five terminals in India but
has offered the highest royalty rate for the Gujarat port.
DP World has quoted five times greater royalty as expected by Deendayal
Port
Authority (Kandla Port) for winning the bid for the newly
commissioned TunaTekra terminal,
according to
media reports. A high level delegation from UAE attended
the Vibrant Gujarat summit on January 9th
The terminal with a 2.19 million
TEUs capacity is estimated to cost Rs. 4,243.64 crore. Deendayal Port
Authority, based on their preliminary calculations, was expecting a royalty in
the range of Rs300 to Rs900 per TEU, based on the investments made by the port
authority as its contribution to the project.
Adani Ports and Special Economic
Zone Ltd, the only other bidder to submit a price bid for the project last
year, quoted Rs1,500 per TEU as royalty,
In January 2023, DP World had surpassed the expectations of the port authority by a
huge margin, by placing the highest royalty of Rs6,500 per TEU to emerge the
successful bidder for the project, in a bid that stunned the ports industry.
