Work on new Mumbai Port Trust terminal to begin by March
The Mumbai Port Trust (MbPT) has began 2008 on an upbeat note in updating its facilities by planning to start construction work by March on its Rs 1,228-crore offshore container terminal.
By TNN |
MUMBAI: The Mumbai Port Trust (MbPT) has began 2008 on an upbeat note in updating its facilities by planning to start construction work by March on its Rs 1,228-crore offshore container terminal.
“The consortium-led by Gammon India, which has been awarded the offshore container terminal, is expected to achieve financial closure in the next few weeks and construction of work would start immediately, latest by March, and will be commissioned by 2010,” Mumbai Port Trust deputy chairman Ashok Kumar Bal said.
Construction of the offshore container terminal would add 12 million tonnes capacity to the port. The terminal has been awarded on a build, operate, transfer (BOT) basis for 30 years.
“The consortium-led by Gammon India, which has been awarded the offshore container terminal, is expected to achieve financial closure in the next few weeks and construction of work would start immediately, latest by March, and will be commissioned by 2010,” Mumbai Port Trust deputy chairman Ashok Kumar Bal said.
Construction of the offshore container terminal would add 12 million tonnes capacity to the port. The terminal has been awarded on a build, operate, transfer (BOT) basis for 30 years.
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