Within four days of approval by the Cabinet Committee on Economic Affairs chaired by Prime Minister Narendra Modi, the Paradip Port Trust (PPT) has issued a global tender for the project “Deepening and Optimisation of Inner Harbour Facilities including Development of Western Dock on Build, Operate and Transfer (BOT) basis under Public-Private Partnership (PPP) mode to handle cape size vessels at Paradip Port”.
The PPT has invited applications from interested parties in accordance with qualifications (RFQ) in order to shortlist competent applicants who would be subsequently invited to bid (RFQ) for project. The last date and time of submission of RFQ is 18.02.2021 till 11 am. The details are available in the PPT website www.paradipport.gov.in The Western Dock would come up by the selected operator at a cost of Rs 2,392 crore on BOT basis.
The project envisages construction of Western Dock Basin with facilities to handle cape-size vessels by selected BOT concessionaire with an ultimate capacity of 25 MTPA in two phases of 12.50 MTPA each. The concession period shall be 30 years from its award. The PPT (Concessioning Authority) shall provide common supporting project infrastructure works like breakwater extension and other ancillary works to facilitate handling of cape-size vessels.