VOC Port to invite bids for conversion of bulk berth into container terminal

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.

Image Credit : thehindubusinessline.com

Research Desk

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