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2009 March 24   10:15

India's Port of Jawaharlal Nehru seeks bids on development

India's Port of Jawaharlal Nehru released a Request for Qualifications for the development of its long-awaited fourth container terminal project. Earlier, more than 40 domestic and international companies, including APM Terminals, DP World and PSA International, had responded to the west coast port’s initial Expression of Interest issued in 2006.
The authority said the successful bidder for its 330-meter berth extension project, for which bids were invited recently, would be barred from participating in the new tender, either as a single applicant or as a consortium member.
The new project, estimated to cost $1.3 billion, would be developed in two phases on a 30-year design-build-finance-operate-transfer basis.
Plans for the initial phase, costing $820 million, include a 1,000-meter long terminal and adequate back-up area, and the second phase, covering a similar facility, is currently expected to cost $520 million, providing for total annual capacity of 4 million TEUs.
The deadline for submission of RFQs is April 30, while the authority has scheduled a pre-application meeting with interested bidders on April 15 to clarify possible queries.
After evaluation, it is expected to shortlist five pre-qualified applicants for the final stage of bidding subject to security clearances from the central government.
Nehru, India's largest box hub, handled a record 4.06 million TEUs in fiscal 2007-08. Volume in the April-February period totaled 3.62 million TEUs.

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