The Tamil Nadu Maritime Board, which plans to develop
a green field port near the old Cuddalore port with an initial investment of Rs
1,500 crore – Rs 2,000 crore, on Thursday floated a tender to select a firm to
operate, maintain and market projects to be established in the existing port. The bidder can execute projects for
creating facilities such as logistics and distribution hub, warehouse and
storage, industrial and manufacturing, solar and wind farm, cruise terminal,
shipyards dry docks, marine equipment manufacturing, handling cargo including
coal, fertilizer, cement, container and clean cargo. The concession period
would be for 40 years, the Request for Proposal (RPF) said.
Under the PPP model, the bidder can create one
facility or club a few projects together. “Our focus is to utilise the port for
projects and make it active.
This is part of our strategy to revive the port, which
has remained non-operational. The value of the projects proposed by the bidders
will be known only after the bids are opened,” M Vallalar, vice-chairman and
CEO of Tamil Nadu Maritime Board, said. Attempts
in the past to revive the existing port at Cuddalore didn’t take off. One of
TN’s oldest ports that was operational till 1980s, it lost its relevance after
new ports were developed in Ennore and Kattupalli and those in Chennai and
Tuticorin catered to imports and exports.
Tamil Nadu Maritime Board has enhanced infrastructure
at Cuddalore port with a 160 crore investment including construction of two
wharfs for 240m and dredging the channel to a depth of nine metres to help
handle 15,000 tonnes-20,000 tonnes cargo vessels, said official sources.