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Minister clarifies on 2 major port projects

Minister clarifies on 2 major port projects

The government has decided to set up two new major ports – one each at Sagar in West Bengal and the other at Dugarajapatnam in Andhra Pradesh. This information was given by Minister of Shipping GK Vasan in a written reply in the Lok Sabha. In respect of the Sagar Port, RITES has estimated capital cost (including connectivity project) at Rs 7,820 crore. The tentative cost for Dugarajapatnam has been estim

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Ennore Port in TN gets 11 bids to build new terminal

Ennore Port in TN gets 11 bids to build new terminal

For building a Rs 1,270 crore container loading facility the Ennore Port in Tamil Nadu received 11 initial bids from private groups. The deadline for submitting the bids ended on July 25. Ennore Port is IndiaÂ’s only Union government-controlled port that is run as a company; the others operate as trusts. The new terminal will have a capacity to load 1.4 million standard containers a year from a berth length of 730 metre.

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JNPT invites bids for wind energy plant

JNPT invites bids for wind energy plant

Agency reports indicate that Jawaharlal Nehru Port Trust (JNPT) invited bids from firms to set up a 7 mw wind power plant at a cost of Rs 48 crore to meet its energy requirement. The proposed plant may help the port save around 30 percent on energy costs, agency reports indicate. In order to reduce its dependence on power from outside sources, the port plans to set up renewable ener

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Vizag port may invite fresh bids for Rs 6 bn project

Vizag port may invite fresh bids for Rs 6 bn project

Visakhapatnam Port Trust (VPT) would reportedly invite fresh price bids for the Rs 633-crore contract to extend the existing container terminal from 450 metre to 850 metre. The port had earlier invited the bids to extend the container terminal and add capacity of 0.54 million TEUs in addition to the existing 0.40 million TEUs. Currently, Visakhapatnam Container Terminal (VCTPL) is handling 247,133 TEUs per annum against the capacity of 4 lakh TEUs

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CPT discusses royalty issue with consortium

CPT discusses royalty issue with consortium

Calcutta Port Trust (CPT) is said to be holding discussion with the consortium of Concast Infratech and Hyundai Engineering Construction over the royalty payment for the proposed Haldia Dock II project at Salukkhali in East Midnapore. The consortium, which was the sole bidder for the south part of the port project, offered to share only 1 per cent of the gross revenue as royalty. However, this was not agreeable to the port management and hence both

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Ennore port may allow bidder to decide on project

Ennore port may allow bidder to decide on project

Media reports indicate that Ennore Port may give liberty to the the winning bidder for the proposed container terminal project to decide on whether to build the entire terminal in one go or in phases. Based on market condition, the winning bidder may decide how to implement the Rs 1,270 crore project and the port authority may not intervene in this, reports suggest

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DFCCI awards Rs 67 bn corridor project to L&T consortium

DFCCI awards Rs 67 bn corridor project to L&T consortium

Dedicated Freight Corridor Corporation of India (DFCCI) awarded a Rs 6,700 crore contract, the single largest rail contract so far in the country, to a consortium of L&T and Sojitz, a Japanese infrastructure major. The consortium is said to have received the letter of award for the project. According to the terms of the contract, the consortium is responsible for laying an 643 km of rail track between Rewari in Haryana and Palanpur in Guja

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Vizag port seeks Rites’ suggestion for Rs 6.3 bn project

Vizag port seeks Rites’ suggestion for Rs 6.3 bn project

Visakhapatnam Port Trust (VPT) mandated Rites to study the revenue sharing model for the proposed Rs 634-crore second container berth project at the port. VPT roped in Rites to suggest a revenue sharing model because it is not satisfied with the revenue share offered by Visakha Container Terminal Private Limited (VCT

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Private firms bid for Rs 17 bn Haldia Dock II project

Private firms bid for Rs 17 bn Haldia Dock II project

RPS Kahlon, Chairman of Kolkata Port Trust (KoPT) informed that Concast-Hyundai and Adani Ports showed interest in developing the second dock facility at Haldia. KoPT wants to implement the Rs 1700-crore project, which involves setting up four berths at Salukhali named as Haldia dock II