Over 10 EoIs were received in discussions with more interested bidders for Port of Great Nicobar: Sonowal

The EOI was released in early January this year.

Port officials who are aware of the developments said names that have placed EoIs include Adani Ports and SEZ, JSW Infra, RVNL (Rail Vikas Nigam Ltd) and Container Corporation, among others. On the international side, the Dutch dredger major Royal Boskalis Westminister is said to be among those interested.

An EOI is not a formal order offer. It sets the terms of the order and later issues orders. Other documents that need to be checked are the Qualification Request, the Request for Proposal and the Draft Concession Agreement.

According to reports, the government would consider a PPP mode via the landlord model; Due to the high level of investment, a hybrid pension model could also be considered.

The concessionaire could also be granted a long-term PPP concession and subject its own infrastructure investment to a guaranteed minimum traffic level.

The Port of Great Nicobar is to be developed in four phases with a total capacity of 16 million tonnes of container handling per year.

The first project, scheduled to become operational under an initially announced timeline of 2028, is expected to add around 4 million tonnes of cargo handling capacity at a proposed investment of 18,000-20,000 crore. The construction includes, among other things, berths, storage areas and port colonies.

The proposed container shipping hub will be strategically located between Singapore and Colombo – two major transshipment ports on the international maritime trade/shipping route.

The Port of Great Nicobar will act as a feeder port for these two. Besides being a transshipment port for shipments from Bangladesh and Myanmar.

The bulk of cargo handled in India is handled at ports outside the country, with the Port of Colombo handling the majority of cargo handled internationally.

“The port clearances are being worked on,” Sonowal said.

Related Articles

Back to top button