Tuticorin Port Trust has outlined an overall capacity expansion project costing Rs.4,000 crore.

In Phase I, which would be completed by end-2008, the port would spend Rs.835 crore in increasing draft from the existing 10.7m to 12.5m. This phase would also include setting up a second container terminal costing Rs.150 crore.

These projects, forming part of the National Maritime Development Programme, would be part-financed through a budgetary support of Rs.225 crore the Union government.

Preliminary work for Phase II, costing Rs.3,300 crore, has begun. This phase entails deepening of draft to 14.5m, construction of breakwaters, extending the approach channel, etc.  Phase II is scheduled for completion by 2012.

Second container terminal: It is learnt that four out of the six bidders for the second container terminal project have been shortlisted, and forward to the shipping ministry for further clearance. The four bidders include Chettinad Logistics, Larsen & Toubro and PSA-Sical.

Also See:

Six bidders for Tuticorin container terminal (27-Aug-05)

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