Deendayal Port Authority, Kandla, a Mega Port on India’s western coast, has issued the Letter of Award (LoA) to M/s Essar Ports Limited on 21st October 2026 for development of the Multi-Purpose Cargo Terminal at Tuna Tekra, Kandla. The project will be implemented on a Build-Operate-Transfer (BOT) basis under the Public-Private Partnership (PPP) mode for a concession period of 30 years, marking a significant step towards strengthening India’s maritime infrastructure.

M/s Essar Ports Limited emerged as the highest bidder through a global competitive bidding process, offering a royalty of . . .