Nine leading companies have submitted RFQs to the Chennai Port Trust for the development of the proposed mega container terminal at an estimated cost of INR 36.86 billion. The terminal, which is likely to become operational by 2012-13, will have an estimated annual capacity of 4 million TEUs.
The companies which have submitted the RFQs are L&T Transco, Chennai, Navayuga Engineering Company, Chennai, DP World, Mumbai, IL and FS Maritime Infra Company, Mumbai, Vadinar Oil Terminal, Mumbai, Mundra Port and SEZ, Ahmedabad, Lanco Infratech, Hyderabad, FGI Group of companies, Malaysia and GVK-Leighton Consortium, Mumbai.
Of the estimated cost, the Port Trust is expected to contribute INR 16 billion to build the breakwaters, for dredging and for navigational aids. The balance is to be raised by the successful bidder to develop the terminal on B-O-T basis.
The infrastructure of the terminal is to be developed north of the existing Bharathi Dock, with two new breakwaters at a total length of four kms and continuous quay length with 18 meters alongside depth. The total basin area will be 300 ha, with a back up area of 100 ha.