MPT to float tenders for dredging project

The Goa-based Mormugao Port Trust (MPT) will soon float fresh tenders for its dredging project with a revised cost of Rs 310 crore, now on an annuity basis, scrapping the earlier process. The private player will be responsible for dredging the channel and then maintaining it for 15 years. The project involves deepening the draft of the navigation channel from the existing 14.5 m to 19.5 m enabling the port to service large capesize ships of 175,000 DWT (deadweight tonnage). Contact: Mormugao Port Trust. Tel: 0832-252 1100. E-mail: chairman@mptgoa.com Website: www.mptgoa.com