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.