DP World Pvt. Ltd emerged as the only bidder to submit a price quotation for developing a new container loading facility at Jawaharlal Nehru port near Mumbai as India’s busiest container port seeks to expand much-needed capacity. The new facility will cost Rs.750 crore to build.
DP World, majority owned by the Dubai government, quoted a revenue share of 27.09%, a JN port spokesperson said. DP World is the world’s fourth biggest container port operator by volume.
“We have submitted our bid for the project,” said Anil Singh, senior vice-president and managing director (subcontinent) at DP World. “DP World is committed to India and if the project is awarded to us, we will spare no efforts in bringing the project on stream in the shortest possible time.”
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