BL reported that Kolkata Port Trust will finalize the terms and conditions for setting up port facilities at a cost of INR 120 crore at Diamond Harbor through PPP model at its forthcoming board meeting. The Kolkata Port Trust would also float the request for qualification soon.
Mr AK Chanda chairman of KoPT said that “The request for qualification document will be finalized and will take the board's approval to develop the Diamond Harbor port facility on BOT basis through Public Private Partnership.”
He said that the company had decided to go for the facility at one goes against earlier proposal of development in 2 phases. After the expert committee on containerization's recommendations, we have decided to build the facility at 1 go.”
The port project would be spread over 120 acres most of the land of which belongs to defense. As per that report, the total project cost has been estimated at INR 1233 crore and involves construction of 4 ship handling jetties and 2 barges. The total capacity would be 1.6 million tonnes.
