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Nine companies in fray for Chennai mega container terminal

Thursday, 12 Mar 2009
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The Chennai Port Trust has received RFQs from nine companies for the development of mega container terminal at the Chennai port at an estimated cost of Rs.3,686 crore. The terminal, with an estimated annual capacity of 4 million TEUs, is likely to become operational by 2012-2013.

The companies which have submitted the RFQs are - L&T Transco, Chennai; Navayuga Engineering Company, Chennai; DP World, Mumbai; IL and FS Maritime Infra Company, Mumbai; Vadinar Oil Terminal, Mumbai; Mundra Port and SEZ, Ahmedabad; Lanco Infratech, Hyderabad; FGI Group of companies, Malaysia and GVK-Leighton Consortium, Mumbai.

The short-list of pre-qualified bidders who will be eligible to participate in the project bid will be drawn up after receiving the security clearance from the Union government.

Of the estimated cost, the Port Trust is expected to contribute Rs.1,600 crore to build the breakwaters, for dredging and for navigational aids. The balance will have to be raised by the successful bidder to develop the terminal on BOT basis.

The infrastructure of the terminal is to be developed north of the existing Bharathi Dock, with two new breakwaters at a total length of 4 km and continuous quay length with 18 mtrs alongside depth. The total basin area will be 300 ha, with a back-up area of 100 ha.

Also See:

24 entities evince interest in Chennai container terminal (22-Jan-09)

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