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NMPT to develop Rs276 crore container terminal

The New Mangalore Port Trust (NMPT), plans to develop a new container terminal for handling containers from the proposed Berth 18, via the PPP (public-private partnership) route on a build, operate and transfer (BOT) basis at an estimated cost of Rs276 crore.
This follows the positive response from the private sector to its initiative to develop infrastructure using the PPP model. Eleven infrastructure developers had expressed interest in developing the new container terminal at the port which is seeing a steady rise in container cargo traffic over the past few years.
The proposed capacity of the terminal is 354,000 TEUs (Twenty feet Equivalent Unit), subject to the final approval from the Tariff Authority for Major Ports (TAMP). The cost includes Rs132.20 crore for civil engineering works, Rs125.48 crore for container handling equipment, Rs3.05 crore for ITand Rs15.27 crore for other works. According to port officials, five companies have so far participated in the request for qualification (RFQ) process out of 11 companies that had expressed interest in the project initially.

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June 2020
10 Jun 2020