Mumbai offshore terminal to be delayed

01 Mar 2010 CW Team

The offshore container terminal at the Mumbai Port worth Rs 1,228 crore may be delayed at least by two years. The Indira Container Terminal Pvt Ltd (ICTPL) is the special purpose vehicle incorporated by Gammon Infrastructure Projects Ltd-led consortium to develop and operate 1.2 mn twenty-foot equivalent units capacity offshore container terminal on a 30-year build-operate-transfer basis. The first phase is expected to be completed in 2012. The estimated project cost is about Rs 800 crore in the initial phase of three years and another Rs 400 crore at a later stage.

Contact: Mumbai Port Trust. Website: www.mumbaiport.gov.in

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