Connect with:
Tuesday / November 19. 2024
HomeAgroPolicyDeendayal Port, DP World partners for Rs 4,243.64 Cr Mega-Container Terminal in Gujarat

Deendayal Port, DP World partners for Rs 4,243.64 Cr Mega-Container Terminal in Gujarat

source- public domain

The new Next-Gen Container terminal will cater to future trade demand from Northern, Western and Central India, connecting the regions to global markets.

A concession agreement signed between Deendayal Port Authority and DP World in the presence of Sarbananda Sonowal, Union Minister for Ports, Shipping & Waterways and AYUSH, HE Sultan Ahmed Bin Sulayem, Group Chairman and CEO, DP World; Rizwan Soomar, DP World, CEO & MD, Middle East, North Africa and India, Sanjay Mehta, IFS, Chairperson and other senior officials of the ministry in New Delhi.

This state-of-the-art container terminal at Tuna-Tekra will cater to future trade demand from Northern, Western and Central India, connecting the regions to global markets. The project involves the construction of a mega-container terminal at Tuna-Tekra near the existing Deendayal Port, at a cost of Rs 4,243.64 crores ($510 million) through a Public Private Partnership (PPP). Once completed the terminal will have an annual capacity of 2.19 million TEUs, and will include a 1,100m berth capable of handling next-generation vessels carrying more than 18,000 TEUs.

The Container Terminal is expected to transform the economic landscape of Kutch, with creation of several ancillary services like warehousing, etc. and also result in creation of direct and indirect employment opportunities to hundreds of people.

In addition to increasing the business potential of Kandla, the project will boost the economy and generate employment. The container terminal will be fully compliant with the green port guidelines ensuring sustainability in port operations by adopting best practices of port environment management contributing towards the long-term sustainability goals set out by the Government of India.

Container Terminal Highlights:

• Annual capacity of 2.19 million TEU

• 1,100m berth to handle next-generation vessels

• Fully compliant with the green port guidelines

• The terminal will connect Northern, Western and Central India with Global market

• The project aligns with India’s Vision 2047 to quadruple port handling capacity

• The terminal will be a part of the National Infrastructure Pipeline complementing PM Gati Shakti

No comments

leave a comment