Comments
The Jawaharlal Nehru Port Trust (JNPT) is planning to float a fresh tender for its proposed fourth terminal in the next couple of months. The new tender will have some changes in the terms and conditions.
“We are finalising a fresh tender. We are working out some changes in the new tender and will be able to come out with it in two months,” Luxman Radhakrishnan, Chairman of JNPT, said on Friday. He was addressing a seminar on ports and logistics organised by Kolkata-based Bengal Chamber of Commerce and Industry.
According to Radhakrishnan, the decision came after JNPT terminated the previous contract, which was awarded to a consortium of Singapore-based port operator PSA International to build 4.8 million tonnes a year container terminal. The consortium failed to sign the concession agreement with JNPT within the extended deadline (October).
JNPT is expected to complete the first phase of its dredging project across a 34 km channel by June 2014. “This will widen the channel by up to 370 metres and deepen by up to 14 metres, thereby allowing vessels with 6,000 twenty-foot equivalent unit (TEUs) capacity,” he said.
Comments
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.