JSW Infrastructure-Srei to buy stake in Sterling Port in Dahej

According to reports, the consortium of Ilog Port (Dahej) Private Limited (wholly owned by Srei Infrastructure Finance Limited) and JSW Infrastructure Limited (JSWIL) is likely to acquire a stake in the Dahej greenfield port project. Bids to acquire the 74 per cent stake in the project owned by Sterling Port Limited were invited in November 2017. Companies including IMC Limited, Essar Ports Limited, Shapoorji Pallonji & Company Limited and Royal Vopak NV had submitted bids for the project.