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Construction : Transport Update | October 2015 | Source : CW-India

Centre plans port worth Rs,21,000 cr

The Centre plans to build a major port at Colachel in Tamil Nadu at an estimated cost of Rs 21,000 crore, envisaged to emerge as a southern gateway of transshipment in the country. The port will be developed in three phases and be completed in three years. A Special Purpose Vehicle (SPV) will be created for the purpose.
 
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