The Hindu Business Line : ABG Heavy Engg to operate Kandla container terminal

The board of the Kandla Port Trust approved the ABG group's bid of 48.997 per cent revenue share from the operations, port sources told Business Line. Afcons and Gammon India were the other two bidders for the project. The Afcons-Hamburg Port Authority combine had quoted 33.399 per cent while Gammon India-Mercy Docks and Harbour had offered to part with 16.974 per cent of their annual revenues, the sources added.

ABG has tied up with Voltri Terminals, which runs a box facility at Genoa at Italy to meet the minimum experience criteria. When operational, the new container terminal would handle five lakh TEUs from the 11th and 12th berths of the Kandla port.

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