Gammon Infrastructure Paradip terminal project achieves financial closure
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Friday, 22 Jul 2011
Gammon Infrastructure Projects Ltd has achieved the financial closure of the Paradip Iron Ore Terminal Project, which envisages construction and equipping of a berth to handle an annual throughput of 10 million tonnes of iron ore.
The company has 31% equity stake in Blue Water Iron Ore Terminal Pvt Ltd, the special purpose vehicle implementing the project.
