11 Seek Consideration for Ennore Port Project in India

11 Seek Consideration for Ennore Port Project in India

Eight companies and three consortia have responded to a request for qualification for the public-private partnership contract to build and operate a new container terminal at India’s Port of Ennore.

Potential international bidders are APM Terminals, DP World and PSA International, three of the world’s leading terminal operators, as well as two joint venture groups comprising Korea’s Hyundai Engineering & Construction and New Delhi-based Concast Infratech; and Bollore Africa Logistics of France and Mumbai-based Megalift Material Handling. Domestic organizations include Adani Ports, Gammon Infrastructure, Essar Ports, Sterlite Ports, Larsen & Toubro and IMC-SEW Infrastructure Consortium.

The new request for qualification followed the collapse of Ennore’s initial tender in September 2012 after Grup Maritim TCB, a Spanish port terminal operator, dropped the concession because of funding issues.

The restructured project calls for a two-phase development, comprising a 400-meter (1,312-foot) quay in Phase I and a berth length of 330 meters (1,083 feet) in Phase II, with an annual capacity of 1.4 million 20-foot-equivalent units when the terminal is fully operational.

The new facility, on a 30-year operating concession, is projected to require an investment of $225 million.

After evaluation of RFQ applications, the port authority is expected to shortlist five bidders for the final stage of the process.

Ennore, about 15 miles north of Chennai, is one of India’s 12 state-owned major ports. The port currently operates three bulk cargo berths, with a designed capacity of 23 million tons a year.