India’s Ennore Port Authority has released a new global tender for the construction and operation of its long-awaited container terminal project.
The move follows the cancellation of Ennore’s initial tender in September 2012 after a consortium led by U.K.-based Eredene Capital pulled its bid, citing cost escalation and depressed market conditions.
The port authority in its Request for Qualification said it has decided to “develop a container terminal with a quay length of 730 meters (2,395 feet) in a straight line, with sufficient backup area, through public-private partnership. Concessionaire may have an option to develop the project facility in two phases, if desired.”
The authority estimates the restructured project, comprising a 400-meter (1,312-foot) quay in Phase I and a berth length of 330 meters (1,083 feet) in Phase II, will require an investment of approximately $225 million, but a more accurate assessment of costs will have to be established by bidders.
The contract will be awarded on a 30-year operating concession, offering an annual throughput capacity of 1.4 million 20-foot-equivalent units when the terminal is fully operational.
The deadline for submission of RFQ applications is July 12, while the authority has scheduled a pre-application meeting with interested bidders on June 26 to clarify possible queries.
Pre-qualified organizations will be allowed to participate in the second round of the process, called Request for Proposals, in which the successful contractor will be selected subject to clearance from federal security agencies.
The planned terminal, which is designed to handle deep-draft ships with capacities up to 14,500 20-foot-equivalent units, will be Ennore’s first container-handling facility.
Ennore, one of India’s 12 state-owned ports, currently handles bulk ships with drafts up to 52 feet. Cargo throughput in fiscal year 2012-13, which ended March 31, was estimated at 18 million tons, up from 15 million tons a year earlier.