Government to build International Container Transhipment Port in Great Nicobar Island

Government to build International Container Transhipment Port in Great Nicobar Island

The port is expected to handle 16 million containers per year and in the first phase will handle above 4 million Containers.

Modi govt's Rs 41k cr trans-shipment port in Great Nicobar Island

Ministry of Ports, Shipping and Waterways has invited expressions of interest (EOI) from interested parties for the construction of a Rs 41,000 crore international transhipment port project at Great Nicobar Island in the Bay of Bengal. In a release, the ministry said that the USD 5 billion port project will be completed with an investment from the government as well as PPP concessionaire.

Centre prepares for Rs 41,000 crore international transhipment port at Great Nicobar Island

The first phase is targeted for completion in 2028 at a handling capacity of 4 million Twenty Foot Equivalent Units (TEUs). A TEU is an approximate unit of measure used for cargo containers. The capacity of the port will increase to 16 Million TEUs in the ultimate stage of development.

Govt invites EoIs for ₹41,000-cr transhipment project in Great Nicobar Island

Ministry of Ports, Shipping and Waterways will be inviting expressions of interest(EoI) from January 28 for the development of a Mega International Container Transhipment Port (ICTP) at Galathea Bay of Great Nicobar Island in the Bay of Bengal

Govt invites EOIs for Rs 41,000 cr port project in Great Nicobar Island

The Ministry of Ports, Shipping and Waterways has invited expressions of interest (EOI) from interested players for a Rs 41,000 crore international transhipment port project at Great Nicobar Island in the Bay of Bengal.

Govt To Invite EoIs For Rs 41,000 Crore Transhipment Port Project In Great Nicobar Island

Expressions of Interests (EoIs) will be invited by the Ministry of Ports, Shipping and Waterways to develop an international transhipment port project at Great Nicobar Island in the Bay of Bengal. According to a release by the ministry on Friday, the project is expected to be complete with an investment of Rs 41,000 crore ($5 Billion), which includes investment from both the government and PPP concessionaires.  The EoI will be released on the e-…