Business Standard

Indira Container Terminal achieves financial closure

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BS Reporter New Delhi

Gammon Infrastructure Projects today said the Indira Container Terminal, the special purpose vehicle incorporated for developing the Mumbai Offshore Container Terminal Project, has achieved financial closure with a consortium of bankers for Rs 812.53 crore.

The estimated project cost is Rs 1,015 crore. The project is on built-operate-transfer (BOT) basis for 30 years, including a 3 year construction period.

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First Published: Dec 17 2008 | 1:56 PM IST

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