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MoS Colachel Port Development Tamil Nadu - Project Profile

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Synopsis


"MoS Colachel Port Development Tamil Nadu - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.

The "MoS Colachel Port Development Tamil Nadu - Project Profile" is part of Timetrics database of 82,000+ construction projects. Our database includes a 10+ year archive of completed projects, full coverage of all global projects with a value greater than $25 million and key contact details for project managers, owners, consultants, contractors and bidders.

Summary


The Ministry of Shipping (MoS) is planning to build a port in Kanyakumari, Tamil Nadu, India.

The project involves the construction of a port facility with a handling capacity of 1.7 million tonnes of goods. It will be developed in three phases.

The project includes the construction of 6km breakwater facility, storage units, container terminals, berths, an administrative space, loading and unloading facilities, and related infrastructure, and the installation of security systems.

The project will use 202.3ha of land which will be reclaimed from the sea.

Phase I of the project will be implemented with a cost of US$976 million and private operators will invest US$371 million for the construction of terminal berths, yard, and equipment.

Phase II and Phase III will be developed with a cost of US$1,046 million each.

A special purpose vehicle (SPV) will be created with primary equity asset from the three major Ports in Tamil Nadu comprises of Chidambaranar Port Trust, Chennai Port Trust, and Kamarajar Port Limited. It will be built on public-private partnership (PPP) model.

The SPV will be responsible for the development of the port infrastructure consists of dredging and reclamation, construction of a breakwater facility, and connectivity links.

Feasibility study report was submitted to the Government of India (GoI) in June 2015.

In September 2015, the project received initial approvals from the GoI.

As of October 2015, MoS was in the process of appointing a consultant for the preparation of Detail project report (DPR) within six months.

On July 5, 2016, the project received final approvals from the GoI.

V.O.Chidambaranar Port Trust was appointed as a consultant; TYPSA and The Boston Consulting Group (BCG) consortium was appointed as study consultants.

A separate study for Road and Rail Connectivity to the proposed Port has been entrusted to M/s.RITES Ltd by the MoS.

In October 2016, TYPSA and BCG prepared and submitted the Techno-Economic Feasibility Report.

In March 2017, TYPSA and BCG are preparing the detailed project report (DPR).

As of March 2018, the DPR for the Enayam site was chosen after detailed evaluation of four locations such as Kanyakumari, Manavalakurichi, Colachel and Enayam. However, Enayam site facing opposition from local groups.

EIA study for alternate location is under progress and subject to the completion of study and approval from the government, new location will be selected.

Scope


The project involves the construction of a port facility with a handling capacity of 1.7 million tonnes of goods in Enayam, Colachel, Tamil Nadu, India.

The US$3,713 million project includes the following:

1. Construction of 6km breakwater facility

2. Construction of container terminals

3. Construction of berths

4. Construction of storage units

5. Construction of an administrative space

6. Construction of loading and unloading facilities

7. Installation of security systems

Reasons To Buy


Gain insight into the project.

Monitor the latest project developments.

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Table of Contents


1.Key Statistics
2.Key Dates
3.Sector
4.Operating metrics
5.Tender Information
6.Scope
7.Description
8.Latest update
9.Background
10.Key Contacts
11.General News, Project News
12.Appendix


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Reports Details

Published Date : Mar 2018
No. of Pages :8
Country :India
Category :Construction
Publisher :Timetric
Report Delivery By :Email
Report Delivery Time :12 to 24 hours after placing the order.

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