Port Authority of Singapore (PSA) has emerged as the highest bidder for the Rs 6,700 crore fourth container terminal at the Jawaharlal Nehru port, it is learnt.
PSA is believed to have offered a revenue sharing of 50.8 per cent, which is said to be the highest in the case of any private port project in the country.
Under the contract terms, the bidder has to bear the entire construction cost. The port trust will bear only the cost of dredging the channel. Full story
