New terminal to handle 1.88 million TEUs from 2025, says Cabinet
The Cabinet Committee on Economic Affairs has approved development of Rs.4,539.84 crore Container Terminal at Tuna-Tekra, Deendayal Port, on Build, Operate & Transfer (BOT) basis under Public-Private-Partnership (PPP) mode on a 30-year lease.
The Concessionaire will bear an estimated cost of Rs4,243.64 crore for the terminal development while the Concessioning Authority will bear about Rs.296.20 crore cost for common user facilities, the Cabinet said on 12 Oct 2022.
The terminal is to cater to future growth in Container Cargo traffic when completed in 2025, handling 1.88 million TEUs from then onwards.
The state-of-the-art Tuna-Tekra terminal will serve the vast hinterland of northern part of India, Jammu and Kashmir, Uttar Pradesh, Madhya Pradesh and Rajasthan.
A Build Operate & Transfer (BOT) Operator will be selected through an international competitive bidding process.
The Concessionaire will be responsible for design, engineering, financing, procurement, implementation commissioning, operation, management and maintenance of the terminal under the Concession Agreement (CA).
The Concession Authority (Deendayal Port Authority) will lease it for a period of 30 years for handling designated cargos.
The Concessioning Authority will provide supporting infrastructure viz., common Access Channel and common road.
The Project consists of construction of an offshore berthing structure for handling three vessels at a time with allied facilities at cost of Rs.4,243.64 crore and handling capacity of 2.19 mllion TEUs per annum.
Initially, the Project will cater 14m draught vessels of 6,000 TEUs and a common Access Channel will be dredged and maintained by the Concessioning Authority at 15.50m to navigate container vessels of 14m draught all round the clock.
During the concession period, the Concessionaire will have liberty to handle vessels up to 18m draught by deepening and widening its approach channel, berth pocket and turning circle.
The draft of Access Channel may be increased based on mutual agreement between the Concessioning Authority and the Concessionaire on cost sharing at the time of proposal for increasing in draft.
Deendayal Port, one of the 12 Major Ports in India, is located on the West Coast of India, in the Gulf of Kutch, Gujarat. fiinews.com
