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29 September 2020 The on-line newspaper devoted to the world of transports 15:30 GMT+2

September 27, 2012

Spain's Grup Maritim-led team quits Ennore project, faces ban, damages suit
Setback in govt plan to build container terminals via private funds may slow its bid to triple capacity at India's ports by '20

P. Manoj

Bangalore: A consortium led by Spanish port operator Grup Maritim TCB SL and including Lanco Infratech Ltd may be barred from auctions at Union government-run ports for pulling out of a container terminal project at Ennore port in Tamil Nadu.
The team, which includes Spain's Obrascon Huarte Lain SA and London-listed Eredene Capital Plc, also faces a potential suit for damages, according to a spokesman for Ennore port, who declined to be named ......

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