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VPT – Vizag Container Terminal Extension – Andhra Pradesh - Project Profile

VPT – Vizag Container Terminal Extension – Andhra Pradesh - Project Profile

Synopsis

"VPT – Vizag Container Terminal Extension – Andhra Pradesh - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.

The "VPT – Vizag Container Terminal Extension – Andhra Pradesh - Project Profile" is part of Timetric's database of 82,000+ construction projects. Our database includes a 10+ year archive of completed projects, full coverage of all global projects with a value greater than $25 million and key contact details for project managers, owners, consultants, contractors and bidders.

Summary

Visakhapatnam Port Trust (VPT) is undertaking the Container Terminal Extension project in Andhra Pradesh, India.

The project involves the extension of an existing container berth to increase the terminal capacity by 0.54 million Twenty-Foot Equivalent Unit (TEU) to the total of 1.2 million TEU.

It will include the construction of warehouses, container space, a switch yard, access roads, administrative space, dock area, and other related facilities.

The container-loading capacity is 600,000 containers per year.

In August 2012, VPT invited request for qualification (RFQ) from companies to develop the project with September 29, 2012 as the submission date.

VPT received about seven bids from the companies for expansion of the project in response to the request for qualification. The companies include Visakha Container Terminal Pvt. Ltd (VCTPL), a joint venture of DP World and United Liner Agencies (Pvt.) Ltd; Simplex Infrastructures Ltd; Gammon Infra Projects Ltd (a company of Gammon India); Gangavaram Port Ltd; Adani Port SEZ; Welspun Pvt. Ltd; and Navayuga Engineering Ltd.

In November 2012, six firms pulled out from the bidding stage due to strict conditions placed in the contract and only VCTPL submitted the bid for the project. However, there were differences between VPT and VCTPL over revenue-sharing.

In July 2013, VPT was in the process of re-inviting bids from the earlier qualified six bidders as well as from VCTPL.

In December 2013, VCTPL was selected as design, build, finance, operate and transfer (DBFOT) contractor. However, the final concession agreement between VPT and VCTPL, a joint venture between Dubai Port World and JM Baxi Group was signed in December 2014 with a concession period of 30 years.

In March 2016, VPT received environmental approval from the environmental committee of ministry of environment and forests (MoEF)

In June 2016, VPT is awaiting formal orders on clearance from the MoEF. Subject to the approvals,
VPT will hand over the construction site to VCTPL and also issue the award of concession following which VCTPL will take up the project.

Scope

The project involves the extension of an existing container berth to increase the terminal capacity by 0.54 million Twenty-Foot Equivalent Unit (TEU) at Visakhapatnam Port in Andhra Pradesh, India.

The US$116 million project includes the following:

1. Construction of warehouses

2. Construction of container facility

3. Construction of a switch yard

4. Construction of access roads

5. Construction of administrative facility

6. Construction of a dock area

7. Construction of related infrastructure facilities

Reasons To Buy

  • Gain insight into the project.
  • Monitor the latest project developments.
  • Identify key project contacts.


1.Key Statistics
2.Key Dates
3.Sector
4.Operating metrics
5.Tender Information
6.Scope
7.Description
8.Latest update
9.Background
10.Key Contacts
11.General News, Project News
12.Appendix

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