Plans in place for giant terminal at Chennai Port
Mega terminal planned for Chennai Port
RFB bids extended until April due to environmental concerns
The Indian government plans to build a giant container terminal at the country's second busiest port in Chennai.
An extension for the request for proposal (RFP) has been granted amid concerns of the projects effect on the environment. The cost of addressing these issues could be significant in the eventual outcome of the decision expected mid April.
Indian Minister of Shipping G K Vasan, told the Indian Parliament that a commitee of the Ministry of Environment and Forests have reconsidered the project, highlighting isues of environmental concerns that need to be taken into consideration.
The construction of the terminal would enable the port to handle an extra 4 million TEUs of containers a year, according to Dredging Today.