other material
confidence high
sentiment positive
materiality 0.65
Delta Corp awarded $34M multimodal logistics park in Nagpur; sees phase 1 EBITDA ~$22M/yr
COFFEE HOLDING CO INC
- Delta awarded 45-year concession to build and operate 150-acre multimodal logistics park in Nagpur, India.
- Total investment ~$34M for three phases; first phase cost ~$18.3M, completion expected by Q1 2026.
- Phase 1 expected to generate average annual revenue ~$67M and EBITDA ~$22M over 45-year lease term.
- Project 70% debt-financed from local banks, rest from cash on hand and operations.