Kamarajar Port Ltd in Ennore plans to put up a second marine liquid terminal on public-private-partnership mode at a cost of ₹393 crore with a capacity of 3 million tonnes per annum (MTPA).
It has issued an advertisement for Request for Qualification (RFQ) to select the private developer.
KPL chairman-cum-managing director MA Bhaskarachar said the portwill carry out capital dredging at a cost of ₹75 crore. The developer will be selected by the year end and the terminal is expected to be commissioned by the end of 2019, he told BusinessLine .
Consultants AECOM prepared the project report for the second marine liquid terminal, which will be a common user facility with POL products receiving jetty located on the southern side of the existing liquid terminal, he said.