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DP World wins terminal project at Mumbai port

DP World build will build and operate a single berth facility alongside its terminal operation at Nhava Sheva, Mumbai. (Image source: asands/Flickr)

Dubai-based DP World has won an order from India?s Jawaharlal Nehru Port Trust to build and operate a single berth facility alongside its existing terminal operation at Nhava Sheva in Mumbai

The new facility is expected to be operational in 2015

The project, which will cost approximately US$200mn, involves the building of a 330 metre long container terminal and a 17 hectare yard.

The facility will have an annual handling capacity of 800,000 TEUs (twenty foot equivalent container units), DP World said in a statement.

The new quay has been awarded for a 17-year concession period and will be equipped with four rail mounted quay cranes and 12 rubber tyred gantry cranes.

?India is one of our most important markets and we are committed to supporting its growth over the long term,? Mohammad Sharaf, chief executive officer, DP World, said in a statement.

Sharaf added that Asia Pacific and the Indian Subcontinent region was the main driver of the port operator?s 12.1 per cent increase in volume in the first six months of 2012.

DP World currently operates five Indian terminals.