The Kandla Port Trust has reportedly decided to award the contract for constructing 4 new dry cargo berths at Tuna port to Alpha Vinimay which is to be developed at an estimated cost of INR 755 crore.

As per report three bidders were in the fray when the price bids were opened on September 9. The highest bidder was Alpha Vinimay which quoted INR 1,000 crore to develop the jetties on a public private partnership basis.

KPT is also understood to have decided to install two harbor cranes of 60 tonnes at an estimated cost of INR 40 crore at the berth. These 4 berths are expected to start operations by September 2011.

(Sourced from Exim News Service)