UK based Eredene Capital PLC in consortium with Barcelona based Grup Maritim
TCB SL, Obrascon Huarte Lain SA, and Lanco Infratech has bagged a contract from
Ennore Port to build and operate the container terminal at port in Tamil Nadu.
The estimated cost of the project is Pound 207 million (approx Rs 1,436 crore).
Eredene has 22 per cent stake in the consortium.
The concession period for the project is 30 years. The terminal is to have a
quay length of 1,000 mtrs and an estimated throughput of 1.5 million TEUs
annually. Work on the new terminal is to be completed by end-2013.
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