December 04, 2008

Mormugao Port seeks consultants for preparation of DPR

It is reported that Mormugao Port Trust has taken a step further in its effort of developing the waterfront west of the existing breakwater and is now seeking consultants for the preparation of the detailed project report, bidding for which closes on December 4th 2007.

Mormugao Port Trust has already received around 15 expressions of interest from private sector developers to this project. After the DPR is ready and the project scope crystallizes, MPT will hold a meeting with the private developers that have expressed interest. The next step would be to invite requests for qualification, culminating in the signing of the concession agreement.

Mormugao Port Trust has proposed to develop the waterfront through private sector participation, with an investment of INR 170 crore. It has estimated that 2 berths of 200 meter each can be developed at the proposed location, with the reclamation of 25 acres of water area. It could set up cargo and container berths, marina, facilities for marine tourism, floating hotels, offshore bases, ship repair facilities and roll on roll off services etc.

Mormugao Port is amongst India's major ports. In 2006-07, it handled 34.24 million tonnes of cargo, accounting for 7.4% of the combined traffic of all major ports in India. Exports of iron ore is the largest contributor of maritime trade at the port.