VO Chidambaranar Port Trust (VOCPT) will soon invite bids to convert one of its bulk cargo berths into a container terminal through the public-private partnership (PPP) route.
This was revealed by its chairman TK Ramachandran. The central government-owned port is located in Tamil Nadu’s Thoothukudi district.
According to Ramachandran, “We are in the process of tendering out Berth No 9 a bulk cargo berth into a container terminal, which will raise the port’s container handling capacity to more than 1.6 million TEUs.”
The chairman added: “We are waiting for government clearances; once they approve, we will float the tender.”
The fourth-largest container handler among the dozen state-owned ports, VOCPT currently has two container terminals run separately by PSA SICAL Terminals Ltd and Dakshin Bharat Gateway Terminal Pvt Ltd, with the capacity to handle 1.2 million Twenty-foot Equivalent Units (TEUs). The two terminals are handling about 8,00,000 TEUs a year.
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