Paradip Iron Ore Terminal Project

Gammon Infrastructure Projects Ltd has informed BSE about the financial closure of the Paradip Iron Ore Terminal Project, which envisages construction and equipping of a berth to handle an annual throughput of 10 million tonnes of iron ore.

The Company has 31% equity stake in Blue Water Iron Ore Terminal Private Ltd., the special purpose vehicle implementing the project.

Source : BSE - >www.bseindia.com

Published on July 20, 2011
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