Nine international and domestic players are in a race to build the proposed US$789 million mega container terminal for the Chennai Port Trust, the Financial Express reported.
"The port has completed the initial request for qualification process and once it obtains the necessary security clearance from the ministries concerned, it would proceed with the request for proposal. Within a month, the works would be awarded," Chennai Port Trust, Subhash Kumar, said.
Companies in the fray are DP World, IL&FS Maritime Infrastructure Company, Lanco Infratech, Mundra Port and SEZ, Navayuga Engineering Company, Vadinar Oil Terminal, L&T Transport Private Development Project, FGI International and a consortium led by infrastructure major GVK.
The project is expected to be commissioned by 2013 and would be fully operational by 2017.
"The port has completed the initial request for qualification process and once it obtains the necessary security clearance from the ministries concerned, it would proceed with the request for proposal. Within a month, the works would be awarded," Chennai Port Trust, Subhash Kumar, said.
Companies in the fray are DP World, IL&FS Maritime Infrastructure Company, Lanco Infratech, Mundra Port and SEZ, Navayuga Engineering Company, Vadinar Oil Terminal, L&T Transport Private Development Project, FGI International and a consortium led by infrastructure major GVK.
The project is expected to be commissioned by 2013 and would be fully operational by 2017.