Deendayal Port Authority, Kandla and DP World signs Concession Agreement

The concession agreement ceremony was graced by the august presence of Shri Sarbananda Sonowal, Hon’ble Union Minister for Ports, Shipping & Waterways and AYUSH; His Excellency Sultan Ahmed Bin Sulayem, Group Chairman & CEO, DP World; Shri Shripad Naik, Hon’ble Minister of State for Ports, Shipping & Waterways and Tourism; Shri Shantanu Thakur, Hon’ble Minister of State for Ports, Shipping & Waterways; Shri T.K. Ramachandran, Secretary to the Govt.

of India, MoPSW and other Senior officials of MoPSW and DP World. On August 25, 2023, Shri S.K. Mehta, Chairman of Deendayal Port Authority, and Shri Rizwan Soomar, MD & CEO of DP World SCO & MENA signed the agreement in New Delhi.

Deendayal Port Authority grants DP World a 30-year concession to develop the Mega-Container Terminal at Tuna-Tekra, Kandla, Gujarat. The satellite facility, constructed through a PPP, will handle next-generation vessels and have a capacity of 2.19 million TEUs per annum. The Union Minister of Ports, Shipping & Waterways and Ayush, Sarbananda Sonowal said, “Once operational, the terminal will play an important role in the government’s ambitious vision to make India an ‘Exports Hub’ as also support the creation of direct and indirect employment in various sectors such as transportation, distribution and supply chain”.

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