Cochin Port Trust is likely to invite fresh tenders for capital dredging together with maintenance dredging at Vallarpadam International Container Transhipment Terminal at Kochi in Ernakulam district of Kerala.

CPT was forced to cancel the tenders which were floated earlier (November 2007), as the price quoted by the international company was 70 per cent higher than the estimated cost. Besides, the port did not get sufficient response for the tender as there was only one firm, which placed its bids for the work.

The total dredging cost is estimated to be Rs.485 crore and the dredging companies have to submit the tenders within one month. The dredging to be carried out is to the extent of approximately 24 million cubic metre and maintenance dredging of 16 million cubic metre in the next two years.

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Cochin Port likely to cancel tenders for capital dredging (10-Apr-08)

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