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Kamarajar Port Tenders ₹4,288-Crore Second Container Terminal

Kamarajar Port Tenders ₹4,288-Crore Second Container Terminal
Kamarajar Port issues tender for ₹4,288-crore second container terminal · thehindubusinessline.com

Kamarajar Port wants to build a new container terminal.

The project is expected to cost ₹4,288 crore.

A private company will help design, build, finance and operate it under a public-private partnership.

The terminal will be built in two stages.

Together, the stages will handle up to 2 million large containers each year.

The first stage will include 500 metres of quay, and the second will add another 400 metres.

The terminal will have cranes, storage areas, roads and customs facilities.

It is meant to handle increasing trade and container transfers between ships.

After 40 years, the terminal and its assets will be returned to Kamarajar Port.

Key facts

Estimated project cost
₹4,288 crore
Development model
Public-private partnership on a Design, Build, Finance, Operate and Transfer basis
Concession period
40 years
Total annual capacity
2 million TEUs
Phase I
1.1 million TEUs at an estimated cost of ₹2,429 crore
Phase II
0.9 million TEUs at an estimated cost of ₹1,858.94 crore
Quay length
900 metres in total: 500 metres in Phase I and 400 metres in Phase II
Ship capability
Designed to handle Ultra Large Container Carriers of up to 24,346 TEUs

Sources

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