Four out of 7 companies shortlisted for the Gangavaram port project, have collected the request for qualification (RQF) documents. These companies are Adani Exports; a consortium of Dubai Ports International, West Port Holdings of Malaysia and the Singapore-based Jurong Consultants; the Lanco group led consortium; and another consortium of BMT Asia-Pacific of Singapore and Port of Brisbane Corporation of Australia.

These companies are required to submit their detailed proposals for the project by 8 May 2002, after which the final developer would be selected by the end of June 2002.

It may be recalled that 7 companies had been shortlisted out of the 10 companies that had submitted their expressions of interest in response to the Andhra Pradesh Industrial Infrastructure Corporation’s (APIIC)  invitation in October 2001. However, out of these 7 companies, only 4 companies collected the RFQ documents.

The APIIC is the nodal agency for the port project, which is expected to be ready by March 2005.

According to APIIC's projections, the Gangavaram port had the potential to receive 17.57 million tonnes per annum (mtpa) of traffic by 2006 (including 8.8 mtpa of dry bulk, 4.08 mtpa of container and 1.09 mtpa of liquid bulk cargoes) and 35 mtpa by 2012 (including 22.2 mtpa of dry bulk and 7.8 mtpa of container traffic).