The proposed Rs 7,000 crore Vizhinjam Deepsea ICT International Container Terminal is surrounded by uncertainties after the Kerala Government rejected Zoom Developers while Lanco Kondapally chose to exit.
Therefore, the Kerala Government may drop the plan to set up a PPP company and go for re-tendering to identify a BOT partner.
In the first phase, the container terminal will have the capacity to handle 4.1 million tpa. New neighbourhood ports have been fast to make an earlier claim on this business, feasting on Vizhinjam's delay. The state is yet to decide on a way to appoint the right partner for this project.
The earlier short-listed consortia were (a) DS Constructions, Apollo Enterprises and Dubai based KGL Ports International (b) Nagarjuna Construction, Maytas and Singapore based OPM (c) Videocon Industries, Gammon India, Gammon Infra and Sical Logistics (d) Lanco Infratec, Lanco Power and Malaysia’s Pembinaan Redzai Sdn Bhd and (e) Zoom Developers and UK based Portia Management.
Source : ProjectsToday