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Coimbatore, Dec. 17

Gammon Infrastructure Projects Ltd has informed that Indira Container Terminal Pvt. Ltd, the special purpose vehicle incorporated for developing the Mumbai Offshore Container Terminal Project, has achieved the financial closure for the project with a consortium of bankers for an aggregate amount not exceeding Rs 812.53 crore. The estimated project cost is Rs 1,015 crore. The project is on BOT basis for 30 years, including a 3-year construction period.

– Our Bureau

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