Syama Prasad Mookerjee Port: Adani Ports will win O&M deal
PORTS & SHIPPING

Syama Prasad Mookerjee Port: Adani Ports will win O&M deal

The largest private port operator in India, Adani Ports and Special Economic Zone Ltd. (APSEZ), is about to be awarded a five-year operation and maintenance (O&M) contract to handle containers from five berths at Syama Prasad Mookerjee Port Authority (formerly Kolkata Port Trust)'s Netaji Subhas Dock.

One of the 12 ports owned by the Union government, the eastern coast port is home to APSEZ, the only bidder to submit a price bid for the contract. The bidder offered approximately Rs 2,100 per twenty-foot equivalent unit (TEU), well within the ceiling rate set by the port authority to emerge as the successful bidder, according to multiple sources. The agreement would also help the port operator increase its presence in the port. A ceiling tariff was established by the Syama Prasad Mookerjee Port Authority.

The five-year contract will be awarded to the private company that provided the lowest quote for handling a loaded container under the Rs 2,127 ceiling fee, per the bidding rules. The port authorities will pay the private operator this sum in accordance with the terms of the O&M contract. The private operator will have to pay about Rs 5.69 billion (GST excluded) to build the necessary equipment, which includes 35 tractor trailers (TT), 3 Rubber Tyred Gantry Cranes (RTG), 12 Reach Stackers (RST), 4 Mobile Harbour Cranes (MHCs) that must be available around-the-clock, and two more MHCs that must be kept in reserve.

For the purpose of processing containers from geared boats, the port authorities will supply one non-MHC berth in addition to four berths for MHC operations. Additionally, the private operator might also have to operate geared vessels in MHC berths.

After the existing ten-year contract held by Bharat Kolkata Container Terminals Pvt Ltd, a fully owned subsidiary of Singapore's PSA International Pte Ltd, expires, APSEZ is anticipated to begin operating the five berths in November. The new O&M operator will be granted 1, 2, 3, 4, and 5 berths of NSD for a period of five years, while Bharat Kolkata Container Terminals continues to manage berths 3, 4, 5, 7, and 8. Concurrently, a public-private partnership (PPP) tender has been launched by the Syama Prasad Mookerjee Port Authority to privatise NSD berths 7 and 8, as well as a 25-acre backup area, for a period of 30 years. The PPP model is expected to handle around 5 lakh TEUs. APSEZ's second terminal at Syama Prasad Mookerjee Port will be the subject of the O&M deal. In 2023, APSEZ secured a 30-year contract to mechanise berth No. 2 at Haldia Dock with an investment of Rs 2.98 billion to handle 3.744 million tonnes (mt) of dry bulk cargo.

The largest private port operator in India, Adani Ports and Special Economic Zone Ltd. (APSEZ), is about to be awarded a five-year operation and maintenance (O&M) contract to handle containers from five berths at Syama Prasad Mookerjee Port Authority (formerly Kolkata Port Trust)'s Netaji Subhas Dock. One of the 12 ports owned by the Union government, the eastern coast port is home to APSEZ, the only bidder to submit a price bid for the contract. The bidder offered approximately Rs 2,100 per twenty-foot equivalent unit (TEU), well within the ceiling rate set by the port authority to emerge as the successful bidder, according to multiple sources. The agreement would also help the port operator increase its presence in the port. A ceiling tariff was established by the Syama Prasad Mookerjee Port Authority. The five-year contract will be awarded to the private company that provided the lowest quote for handling a loaded container under the Rs 2,127 ceiling fee, per the bidding rules. The port authorities will pay the private operator this sum in accordance with the terms of the O&M contract. The private operator will have to pay about Rs 5.69 billion (GST excluded) to build the necessary equipment, which includes 35 tractor trailers (TT), 3 Rubber Tyred Gantry Cranes (RTG), 12 Reach Stackers (RST), 4 Mobile Harbour Cranes (MHCs) that must be available around-the-clock, and two more MHCs that must be kept in reserve. For the purpose of processing containers from geared boats, the port authorities will supply one non-MHC berth in addition to four berths for MHC operations. Additionally, the private operator might also have to operate geared vessels in MHC berths. After the existing ten-year contract held by Bharat Kolkata Container Terminals Pvt Ltd, a fully owned subsidiary of Singapore's PSA International Pte Ltd, expires, APSEZ is anticipated to begin operating the five berths in November. The new O&M operator will be granted 1, 2, 3, 4, and 5 berths of NSD for a period of five years, while Bharat Kolkata Container Terminals continues to manage berths 3, 4, 5, 7, and 8. Concurrently, a public-private partnership (PPP) tender has been launched by the Syama Prasad Mookerjee Port Authority to privatise NSD berths 7 and 8, as well as a 25-acre backup area, for a period of 30 years. The PPP model is expected to handle around 5 lakh TEUs. APSEZ's second terminal at Syama Prasad Mookerjee Port will be the subject of the O&M deal. In 2023, APSEZ secured a 30-year contract to mechanise berth No. 2 at Haldia Dock with an investment of Rs 2.98 billion to handle 3.744 million tonnes (mt) of dry bulk cargo.

Next Story
Infrastructure Urban

CONCOR Launches Double-stack Service Between NCR and Varnama

State-run Container Corporation of India (CONCOR) has launched double-stack container train services between the National Capital Region (NCR) and Varnama near Baroda. This initiative aims to facilitate customers at Nhava Sheva near Mumbai, home to Jawaharlal Nehru Port (J N Port). On December 21, the first double-stack container train from Khatuwas and Dadri in NCR reached CONCOR’s Gati Shakti Multimodal Cargo Terminal (GCT) at Varnama, situated along the Western Dedicated Freight Corridor (WDFC). The train carried export cargo destined for J N Port, according to a statement from the state..

Next Story
Infrastructure Transport

Less than 10% of Rs 40 Billion State-aid for Shipbuilding Utilised

A government-sanctioned financial assistance program worth Rs 40 billion, intended to support local shipbuilders over a decade starting in April 2016, has seen minimal utilisation, with only Rs 3.85 billion—less than 10 per cent of the total fund—disbursed thus far. With 15 months remaining before the scheme concludes, its uptake has been limited. The financial aid applies to shipbuilding contracts signed between April 1, 2016, and March 31, 2026. According to a written response provided by Union Minister of Ports, Shipping, and Waterways Sarbananda Sonowal to the Rajya Sabha on December ..

Next Story
Infrastructure Transport

Civil Aviation Minister Opens New ATC Tower at Indore Airport

The Minister for Civil Aviation, Ram Mohan Naidu Kinjarapu, inaugurated the new Air Traffic Control (ATC) Tower-cum-technical block at Devi Ahilyabai Holkar International Airport in Indore, Madhya Pradesh. During the inauguration, the minister toured the facility, where ATC experts explained various technical aspects of tracking and coordinating flights from the newly constructed tower. In addition to the ATC tower, the airport has also introduced a zero-waste plant. The union minister confirmed that this initiative aligns with the government’s commitment to sustainability. Minister Ki..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000