+
Deendayal Port Authority to float tender to build three oil jetties
PORTS & SHIPPING

Deendayal Port Authority to float tender to build three oil jetties

Deendayal Port Authority, the state-owned operator of the port at Kandla in Gujarat, is preparing to issue a tender to construct three new oil jetties under a public-private partnership (PPP) model, with an investment of Rs 6.32 billion, a senior official has indicated. Deputy Chairman Nandeesh Shukla stated that the government had approved the construction of oil jetties 9, 10, and 11 via PPP and that the tender process would begin soon.

The new jetties are to be located in an area designated for future green hydrogen plant development. Shukla expressed hope that companies involved in the green hydrogen projects may be interested in using these jetties for bunkering green fuels, although he clarified that this was speculative and not guaranteed. He pointed out that these companies are investing heavily, so it would be reasonable to expect some interest in the jetties.

In August, the Ministry of Ports, Shipping and Waterways approved Deendayal Port Authority's proposal to develop the jetties at Old Kandla on a build-operate-transfer (BOT) basis, with the project aimed at enhancing India's liquid cargo handling capacity. Currently, the port has seven operational oil jetties, five of which are managed by the port authority, while the remaining two are run by Indian Oil Corporation and IFFCO. The completion of Oil Jetty 8 is anticipated shortly, increasing the port's combined capacity to 16.32 million tonnes (mt) and 23.49 mt by FY35.

To meet growing demand, the authority plans to develop three additional oil/liquid jetties, each capable of handling 3.2 mt of liquid cargo, excluding crude oil. A port official noted that developing oil jetties through private investment is an attractive PPP option, although this approach is uncommon, as ports typically prefer to manage oil jetties independently.

The under-construction Oil Jetty 8, which is being developed at a revised cost of Rs 225.85 crore, is critical for the future construction of jetties 9, 10, and 11. Shukla mentioned that the most challenging tasks, including building the pipeline trestle and other essential infrastructure, were being handled by the port authority, leaving the private investors to focus on the construction of the jetties themselves.

The port authority has already received environmental clearance for the project, and the necessary land is in the port's possession. The dredging and construction of the common trestle from Oil Jetty 8 to the landfall point will be funded by the port authority. Jetties 9 and 10 will not include storage, while Jetty 11 will feature a storage capacity of 1,30,132 kilolitres.

Deendayal Port Authority, the state-owned operator of the port at Kandla in Gujarat, is preparing to issue a tender to construct three new oil jetties under a public-private partnership (PPP) model, with an investment of Rs 6.32 billion, a senior official has indicated. Deputy Chairman Nandeesh Shukla stated that the government had approved the construction of oil jetties 9, 10, and 11 via PPP and that the tender process would begin soon. The new jetties are to be located in an area designated for future green hydrogen plant development. Shukla expressed hope that companies involved in the green hydrogen projects may be interested in using these jetties for bunkering green fuels, although he clarified that this was speculative and not guaranteed. He pointed out that these companies are investing heavily, so it would be reasonable to expect some interest in the jetties. In August, the Ministry of Ports, Shipping and Waterways approved Deendayal Port Authority's proposal to develop the jetties at Old Kandla on a build-operate-transfer (BOT) basis, with the project aimed at enhancing India's liquid cargo handling capacity. Currently, the port has seven operational oil jetties, five of which are managed by the port authority, while the remaining two are run by Indian Oil Corporation and IFFCO. The completion of Oil Jetty 8 is anticipated shortly, increasing the port's combined capacity to 16.32 million tonnes (mt) and 23.49 mt by FY35. To meet growing demand, the authority plans to develop three additional oil/liquid jetties, each capable of handling 3.2 mt of liquid cargo, excluding crude oil. A port official noted that developing oil jetties through private investment is an attractive PPP option, although this approach is uncommon, as ports typically prefer to manage oil jetties independently. The under-construction Oil Jetty 8, which is being developed at a revised cost of Rs 225.85 crore, is critical for the future construction of jetties 9, 10, and 11. Shukla mentioned that the most challenging tasks, including building the pipeline trestle and other essential infrastructure, were being handled by the port authority, leaving the private investors to focus on the construction of the jetties themselves. The port authority has already received environmental clearance for the project, and the necessary land is in the port's possession. The dredging and construction of the common trestle from Oil Jetty 8 to the landfall point will be funded by the port authority. Jetties 9 and 10 will not include storage, while Jetty 11 will feature a storage capacity of 1,30,132 kilolitres.

Next Story
Infrastructure Transport

Rs 19.5 Billion Meerut–Nazibabad Rail Electrification Complete

The Rs 19.5 billion railway electrification of the Meerut–Nazibabad section has been completed, marking a major step towards improving connectivity in northern India. The project covers 132 kilometres of track and is expected to enhance operational efficiency while reducing travel time and fuel costs.Officials from the Ministry of Railways said the electrification will enable faster, more reliable train services and contribute to reduced carbon emissions. The initiative aligns with the government’s broader goal of achieving 100 per cent electrification of India’s railway network by 2030...

Next Story
Infrastructure Urban

AU Small Finance Bank Secures RBI Approval For Universal Bank

AU Small Finance Bank has received approval from the Reserve Bank of India (RBI) to transition into a universal bank. The move will allow the Jaipur-based lender to expand its range of financial services and compete directly with larger commercial banks.Founded in 1996 as a non-banking finance company, AU Small Finance Bank became a small finance bank in 2017. The transition to a universal bank will enable it to offer a broader portfolio, including enhanced corporate banking, treasury operations, and new retail products.Managing Director and CEO Sanjay Agarwal said the approval marks a signifi..

Next Story
Building Material

India Cements Q1 Loss Narrows To Rs 276 Million On Higher Sales

India Cements Ltd has reported a consolidated net loss of Rs 276 million for the quarter ended June 2025, narrowing from a loss of Rs 831 million a year earlier. Consolidated revenue from operations rose 20 per cent year-on-year to Rs 17.9 billion from Rs 14.9 billion.The company attributed the improvement to higher sales volumes and better price realisations, which offset some of the impact of elevated fuel and raw material costs. EBITDA turned positive at Rs 1.1 billion, compared with a loss in the same period last year.Vice Chairman and Managing Director N. Srinivasan said the company will ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?