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Infrastructure Majors Eagers to Partner with Kandla Port Trust for Oil Jetty Development

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Core prompt: Business Standard reported that infrastructure majors like Gammon India, Welspun Infratech and Adani Ports and Special Economic Zone are among some of the players l

Business Standard reported that infrastructure majors like Gammon India, Welspun Infratech and Adani Ports and Special Economic Zone are among some of the players looking to partner with the country's largest port, Kandla Port Trust for development of oil jetty and a ship bunkering terminal at old Kandla.

According to sources, "Around nine players have submitted RFQ for the project. These include Gammon India, Welspun Infratech and Adani Ports besides several other Indian infrastructure majors."

In August 2012, KPT had invited global bids for development of oil jetty and a ship bunkering terminal at old Kandla on build, operate, transfer basis under public private partnership mode. Estimated cost of the project is INR 233 crore.

When contacted, Adani Ports officials declined to comment on the matter.

A senior KPT official said that "There were some shortfalls in the details submitted by the companies, hence we have asked for additional information. The last date to submit the additional details is December 24th. After that final scrutiny will take place and the partner will be chosen by March 2013."

However, this will be the first instance where a ship bunkering terminal along with a oil cargo jetty will be developed through PPP mode.

 
 
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