The Company has received Letter of Award for Integrated Development of Outer Container Terminal & Berth no. 1 through 5 at Netaji Subhash Dock, Kolkata Dock System issued by Syama Prasad Mookerjee
Port Authority, Kolkata on Design Build Finance Operate Transfer basis through PPP mode.
The terms of said LOA requires incorporation of a Special Purpose Vehicle
to enter into a concession agreement. Accordingly, the Company has incorporated a new entity for the purpose of entering into
the said concession agreement and to fulfil the obligations as stated in the said agreement.
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First Published: Jul 11 2026 | 1:50 PM IST