Kandla Port inks pacts with three private entrepreneurs

Kandla Port, the country’s No.1 Major Port, in keeping with its policy of developing and modernising its infrastructure, recently entered into agreements with three private entrepreneurs to develop facilities for handling dry cargo, at a cost of around Rs 400 crore, through public-private partnership, according to Exim News Service.

For constructing a captive user barge jetty at Old Kandla, at an estimated cost of Rs 27 crore, an agreement was inked with IFFCO Kisan Bazar and Logistic Ltd on February 17.


February 18 saw the signing of a further two pacts, with JRE Infra Pvt. Ltd and PSL Infrastructure and Ports Pvt. Ltd for the development of berths 15 and 16, respectively, on BOT basis at an estimated cost of Rs 188 crore each.


It is expected that all these berthing facilities will be commissioned by June 2013, thereby augmenting the Port’s existing dry cargo handling capacity from 15 million tonnes per annum to 21 million tonnes per annum, which, in turn, will considerably reduce pre-berthing detention as well as berth occupancy, highlighted a release.


Kandla Port, thus, is well on its way and committed to fulfilling its vision of being a global logistics hub in Asia, the release emphasised.


It may be recalled KPT had some time back entered into agreement with RAS Infraport Pvt. Ltd for developing berth 13 at an estimated cost of Rs 188 crore. Construction is likely to commence within a week.
(Source:http://www.transportweekly.com)