Mumbai: There have been nine bids to build, operate and transfer the country's first mega container port at Chennai, the local port authority has announced. The Rs 3686-crore project is the largest port construction seen in Chennai.
"The enthusiasm, despite the recession, shows that Chennai has a lot of business prospects to offer in the coming years. The mega container terminal, the first of its kind in the country, will have a quay length of 2 km and will have the deepest berth, 22 metres, in the country. It will bring Chennai port on a par with other international ports in Western countries," Chennai Port Trust chief engineer Srinivas Kannan told The Times Of India. ?The terminal will enable Chennai port to handle ultra large container ships of 18,000 teu. ?"Building and operating the container terminal will be done by the selected company for a period of 30 years. However, maintaining the depth of the berth will be our responsibility. We will also provide the navigation guides," said Kannan. ?At present the port has two container terminals handling more than 1.2 million teu per annum, accounting for 60% of the container traffic handled at the four container terminals in South India. [11/03/09]?
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