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Mundra Port highest bidder for Kandla, likely to nail it
Its new year cheers for Mundra Ports. It has emerged as the highest bidder for handling port project in Kandla port, price bids for which were opened earlier today. CNBC-TV18’s Archana Shukla reports on the details quoting sources.
Its new year cheers for Mundra Port . It has emerged as the highest bidder for handling port project in Kandla Port, price bids for which were opened earlier today. CNBC-TV18's Archana Shukla reports on the details quoting sources.
It is learnt that Mundra Port has quoted 25.09% operating revenue share for Kandla Port as against its rival bidder Indian Molasses which quoted 3.3%. Sources add that the project will be awarded to Mundra Port, after the board of Kandla Port meets today.
Worth Rs 1036 crore, the project is to set up bulk handling terminal at Kandla Port.It is India's biggest cargo handling port by volume and one of the 13 major ports controlled by the government.
