Rs 1,800-crore project to follow PPP route
India's Jawaharlal Nehru Port Trust (JNPT) is planning the build of a new Rs 1,800 crore liquid bulk terminal, according to a top port official.
As part of a public-private-partnership (PPP), the new terminal will operate with a 15 million tonne annual capacity, JNPT deputy chairman, N N Kumar told the Economic Times.
The proposals for the new terminal include the construction of both a liquid jetty and tank farm covering a combined area of over 70 hectares of existing land, which is owned by the port authority, while a request for qualification document is expected to be issued in the coming weeks, added Kumar.
JNPT, which already has a liquid bulk terminal operated by state-owned Bharat Petroleum, is currently in the process of assessing bids for its much-delayed fourth container terminal. As many as ten international terminal operators have expressed an interest in the Rs 8,000 crore project, set to increase the port’s capacity by an estimated 2.4 million TEU. Bids will be opened on August 19th.