Essar Ports wins a letter of award for a multipurpose cargo terminal at Tuna Tekra in Kandla
22 October 2026
Essar Ports Ltd has received a Letter of Award from the Deendayal Port Authority to develop a multipurpose cargo terminal at Tuna Tekra in Kandla, Gujarat, at an estimated cost of Rs 2,276.06 crore under the public-private partnership model. The company emerged as the highest bidder in a global competitive bidding process and the project will be implemented on a build, operate and transfer basis. Essar Ports will contribute Rs 1,552.57 crore and the Deendayal Port Authority will invest Rs 723.49 crore. The terminal will have an annual cargo-handling capacity of 18.33 million tonnes and four berths of 300 metres each, an aggregate berth length of 1,200 metres. It is designed for Cape-size vessels of up to 170,000 deadweight tonnes with a draft capability of up to 18 metres.
In plain words
BOT Build, Operate and Transfer — A concession model in which the builder runs the asset for a period and then hands it back.
Draft The depth of water a loaded ship needs — A deeper draft lets a port receive larger vessels.