OSL Group Bags Vizag Port Concession Deal

Visakhapatnam: Visakhapatnam Port Authority Deputy Chairman Durgesh Kumar Dubey on Wednesday handed over the Award of Concession of WQ-6 Berth situated in the Northern Arm of the Inner Harbour to Integrated Cargo Terminal Private Ltd (ICTPL).

The award was given on Design, Build, Finance, Operate and Transfer (DBFOT) basis for 30 years to ICTPL, a wholly-owned subsidiary of Orissa Stevedores Limited (OSL Group).

The Award of Concession was received by JK Nayak, Director and JS Kampani, Deputy COO of ICTPL.