India's Port of Jawaharlal Nehru extends terminal bidding deadline
India's Port of Jawaharlal Nehru has extended the bidding deadline for its proposed fourth container terminal project from April 30 to June 1.
The move comes after the port authority held a pre-application meeting with prospective bidders on April 15.
After evaluation of initial Requests for Qualifications, the authority is expected to shortlist five pre-qualified applicants for the final stage of bidding subject to security clearances from the central government.
The long-awaited project, estimated to cost $1.3 billion, is being planned to 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 annual capacity of 4 million TEUs.
Nehru, India’s largest box hub, recently also completed the bidding process for its 330-meter berth extension project. Expected to be ready in 2010, the additional facility would have annual capacity of 600,000 TEUs, taking total capacity at the state-owned terminal to 1.2 million TEUs.
The west coast port currently has three terminals: Nhava Sheva Container Terminal and Gateway Terminals, operated by DP World and A.P. Moller-Maersk, and the port-run terminal, with a combined capacity of 4 million TEUs.
In fiscal 2008-09, Nehru handled 3.95 million TEUs, off 3 percent from 4.06 million TEUs the previous year.
The move comes after the port authority held a pre-application meeting with prospective bidders on April 15.
After evaluation of initial Requests for Qualifications, the authority is expected to shortlist five pre-qualified applicants for the final stage of bidding subject to security clearances from the central government.
The long-awaited project, estimated to cost $1.3 billion, is being planned to 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 annual capacity of 4 million TEUs.
Nehru, India’s largest box hub, recently also completed the bidding process for its 330-meter berth extension project. Expected to be ready in 2010, the additional facility would have annual capacity of 600,000 TEUs, taking total capacity at the state-owned terminal to 1.2 million TEUs.
The west coast port currently has three terminals: Nhava Sheva Container Terminal and Gateway Terminals, operated by DP World and A.P. Moller-Maersk, and the port-run terminal, with a combined capacity of 4 million TEUs.
In fiscal 2008-09, Nehru handled 3.95 million TEUs, off 3 percent from 4.06 million TEUs the previous year.