India’s Ennore Port has decided to split its container terminal project into three separate terminals, after an earlier attempt to build the terminal with private funds collapsed last year, according to M.A. Bhaskarachar, the port’s chairman and managing director, Livemint reports.
“We have decided to split the project into three separate terminals to promote competition among different operators within the port,” said M. Gunasekaran, the port’s general manager of finance.
The port will award contracts to private firms to build the container terminals by December, Bhaskarachar said. The port will also shortly hire a consultant to structure the projects.
Each terminal will have a berth length of 700 meters (about 2,297 feet), designed to load 1.5 million standard containers per year. The previous project had comprised one terminal with a berth of about 3,280 feet and capacity of 1.5 million containers per year. Grup Maritim TCB, a Spanish port terminal operator, dropped the deal in September 2012 after failing to arrange funding for the project.