The Union Cabinet on October 12 approved a proposal to develop a container terminal at Tuna-Tekra, Deendayal Port, in Gujarat under the public-private partnership mode.
The estimated cost of ₹4,243.64 crore will be on the part of the Concessionaire while common user facilities of ₹296.20 crore will be on the part of the concessioning authority.
Information and Broadcasting Minister Anurag Thakur said that during the concession period, the concessionaire will have the liberty to handle vessels up to 18 metre-draught by deepening/widening its approach channel, berth pocket and turning circle.