KPT floats global tender for mega terminal at Tuna port

Gandhidham, 31 July 2013

Kandla Port Trust(KPT) has floated tenders for India’s biggest container terminal at Tuna port. The project was approved in Kandla Port Trust meeting this week.

According to KPT Chairman PD Vaghela, the mega container terminal(MCT) will come up over an area of two square kilometers. Global tenders are floated for this Rs. 6,000 crore project. Once ready, the terminal shall be capable of handling 61 million tonne containers.

Thanks to 17.02 meter draft, the proposed terminal will be able to handle large ships of 15,000 to 18,000 capacity. The project will be executed through public private partnership(PPP) model. It will be offered on a build, operate and transfer (BOT) basis, with a 30-year concession available to the operator. Major national and international companies are likely to take interest in this mega project. Interested parties will be required to submit a feasibility study including details of the total investment required and projected revenues. KPT expects to have a partner in place by the end of the next financial year and has set a final date for Expression of Interests (EoI) for April 2nd. The project shall be completed by September 2017. Road and raiway line will be developed in further stage.