India’s Jawaharlal Nehru Port Authority (Nhava Sheva) is pushing back the deadline for companies to submit requests for qualifications for its proposed fourth container terminal project by a month, to Aug. 19.
“Bidders were seeking more time to study tender documents,” an official said.
The new RFQ followed the cancellation of Nehru’s initial tender in September 2012 after top bidder PSA International failed to sign a concession agreement with the port authority within the stipulated timeline.
The restructured project, comprising a total quay length of 2 kilometers (about 1.2 miles), adequate back-up infrastructure and modern service equipment, is estimated to require a total investment of $1.4 billion.
The contract will be awarded on a 30-year operating concession, offering an annual throughput capacity of 4.8 million 20-foot-equivalent units when the terminal is fully developed.