Team News Riveting
Indore, January 30
M/s. Hindustan Infralog Pvt. Ltd. (D P World) has been awarded the contract to develop a ‘State of Art’ Mega Container Terminal at Deendayal Port at Kandla.
The company emerged as the highest bidder by offering ‘Royalty’ of Rs 6500 per TEU. This is also the highest bid ever received in a PPP project.
The Deendayal Port Authority (DPA) is developing a ‘State of Art’ Mega Container Terminal at Tuna Tekra, Kandla, under PPP mode, for a concession period of 30 years, through global competitive bidding process, to be developed in the adjacent East side of existing Dry Bulk Terminal, currently being operated by AKBTPL.
This Project, which was conceived in the year 2013, is finally going to expedite. It entails an investment of about Rs 4500 crore, which is the highest capital investment ever in a PPP project at any of the Major ports of India.
This Mega Container Terminal Project is envisaged for handling capacity of 2.19 million TEUs per annum, with Estimated Project Cost of Rs 4243.64 crore for Concessionaire and Rs 296.20 crore for Authority. DPA will invest in the common basic infrastructure viz Access Channel for navigation of vessels and Road. The project facility shall cater the container vessels of size upto 21000 TEUs, with a draught of 18 M, without any pre-berthing detention for want of the tide.
The operations of the Terminal are expected to start in early 2026.
The company said in a statement that the successful implementation of the project would not only bring a new era of mega container handling at Deendayal Port at Kandla, but also have a huge positive impact on the economic and social scenario of the Kutch district and Gujarat region at large. Due to its strategic location (closest among all ports- Major or minor, to the densely populated and fast developing northern hinterland), the project will help in decreasing the cost of container logistics in the country.
Besides, with deep draft and latest handling technology, the port is expected to set up a new benchmark in productivity and ease of doing business. It is expected to transform the economic landscape of Kutch, with creation of several ancillary services (warehousing etc) and direct and indirect employment opportunities to millions of people.
The port, apart from earning royalties for DPA, will also be a buoyant source of taxation income (direct and Indirect). The port is also likely to give a major fillip to infrastructure development in Gujarat with major investments needed from NHAI, and Railways. These are likely to help the development of other parts of the state as well, apart from Kutch.
