Vedanta, Abu Dhabi Ports Bid for Rs.70.56 Bn Container Terminal at VOC Port
PORTS & SHIPPING

Vedanta, Abu Dhabi Ports Bid for Rs.70.56 Bn Container Terminal at VOC Port

Vedanta Limited and Abu Dhabi Ports have submitted initial bids for the development of a ?70.56 billion container terminal at V.O. Chidambaranar (VOC) Port in Tamil Nadu. This project aims to significantly enhance the port's capacity and operational capabilities, boosting trade and maritime logistics in the region.

The container terminal project at VOC Port is part of India's strategic efforts to expand its maritime infrastructure and handle larger volumes of cargo efficiently. The development is expected to cater to the growing demand for container handling services and support international trade flows.

Vedanta and Abu Dhabi Ports' bids underscore their commitment to investing in India's port sector and leveraging VOC Port's strategic location on the east coast. The terminal is envisioned to feature advanced handling equipment and state-of-the-art facilities, aligning with global standards of port operations.

The expansion project is poised to create substantial employment opportunities and stimulate economic growth in Tamil Nadu. It is anticipated to enhance the port's competitiveness, attract more shipping lines, and bolster trade connectivity with major global markets.

The bidding process highlights robust competition among leading global players keen on contributing to India's maritime infrastructure development. The successful implementation of the container terminal project is expected to enhance VOC Port's role as a pivotal hub for maritime trade in South India.

As the project progresses, stakeholders anticipate significant socio-economic benefits for the region, including improved logistics efficiency, reduced turnaround times for vessels, and enhanced competitiveness of Indian exports in the global market.

Vedanta Limited and Abu Dhabi Ports have submitted initial bids for the development of a ?70.56 billion container terminal at V.O. Chidambaranar (VOC) Port in Tamil Nadu. This project aims to significantly enhance the port's capacity and operational capabilities, boosting trade and maritime logistics in the region. The container terminal project at VOC Port is part of India's strategic efforts to expand its maritime infrastructure and handle larger volumes of cargo efficiently. The development is expected to cater to the growing demand for container handling services and support international trade flows. Vedanta and Abu Dhabi Ports' bids underscore their commitment to investing in India's port sector and leveraging VOC Port's strategic location on the east coast. The terminal is envisioned to feature advanced handling equipment and state-of-the-art facilities, aligning with global standards of port operations. The expansion project is poised to create substantial employment opportunities and stimulate economic growth in Tamil Nadu. It is anticipated to enhance the port's competitiveness, attract more shipping lines, and bolster trade connectivity with major global markets. The bidding process highlights robust competition among leading global players keen on contributing to India's maritime infrastructure development. The successful implementation of the container terminal project is expected to enhance VOC Port's role as a pivotal hub for maritime trade in South India. As the project progresses, stakeholders anticipate significant socio-economic benefits for the region, including improved logistics efficiency, reduced turnaround times for vessels, and enhanced competitiveness of Indian exports in the global market.

Next Story
Equipment

Handling concrete better

Efficiently handling the transportation and placement of concrete is essential to help maintain the quality of construction, meet project timelines by minimising downtimes, and reduce costs – by 5 to 15 per cent, according to Sandeep Jain, Director, Arkade Developers. CW explores what the efficient handling of concrete entails.Select wellFirst, a word on choosing the right equipment, such as a mixer with a capacity aligned to the volume required onsite, from Vaibhav Kulkarni, Concrete Expert. “An overly large mixer will increase the idle time (and cost), while one that ..

Next Story
Real Estate

Elevated floors!

Raised access flooring, also called false flooring, is a less common interiors feature than false ceilings, but it has as many uses – if not more.A raised floor is a modular panel installed above the structural floor. The space beneath the raised flooring is typically used to accommodate utilities such as electrical cables, plumbing and HVAC systems. And so, raised flooring is usually associated with buildings with heavy cabling and precise air distribution needs, such as data centres.That said, CW interacted with designers and architects and discovered that false flooring can come in handy ..

Next Story
Infrastructure Urban

The Variation Challenge

A variation or change in scope clause is defined in construction contracts to take care of situations arising from change in the defined scope of work. Such changes may arise due to factors such as additions or deletions in the scope of work, modifications in the type, grade or specifications of materials, alterations in specifications or drawings, and acts or omissions of other contractors. Further, ineffective planning, inadequate investigations or surveys and requests from the employer or those within the project’s area of influence can contribute to changes in the scope of work. Ext..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?