The project cost of the upcoming container terminal at Diamond Harbour dock system has more than doubled from the estimated cost to Rs 1,233 crore, as Kolkata Port Trust (KoPT) was about to float request for qualification (RFQ) for the project next month.
The earlier project cost was pegged at over Rs 500 crore. The high-power committee under the chairmanship of captain P V K Mohan had revised the project proposal that was originally planned in two phases and had provisions for handling both dry bulk cargo as well as containers. The committee recommended KoPT to go for massive containerisation of cargo in line with the global trend as 50 per cent of the global cargo was containerised.
The container terminal will be built in private-public partnership format on a build-operate-transfer (BOT) basis, informed Anup Chanda, chairman, KoPT. While the total capacity for container handling will be 1.6 million containers, it was expected to hit 1.1 million conatiner traffic in the first year itself. The project will now be built in a single phase, he added.
The earlier project cost was pegged at over Rs 500 crore. The high-power committee under the chairmanship of captain P V K Mohan had revised the project proposal that was originally planned in two phases and had provisions for handling both dry bulk cargo as well as containers. The committee recommended KoPT to go for massive containerisation of cargo in line with the global trend as 50 per cent of the global cargo was containerised.
The container terminal will be built in private-public partnership format on a build-operate-transfer (BOT) basis, informed Anup Chanda, chairman, KoPT. While the total capacity for container handling will be 1.6 million containers, it was expected to hit 1.1 million conatiner traffic in the first year itself. The project will now be built in a single phase, he added.