Chennai, Ennore & Kattupalli Ports - Projects Updates

[vinodgopal]

Gateway to South East Asia will not happen. For India is not even a member state of ASEAN.

Singapore, Malaysia, Thailand, Vietnam, Combodia, Brunei, Phillipines, Myanmar, Laos and Indonesia are the ones from that region. Infact we must be called purely South Asia.

[binoyvudi]

Originally Posted by vinodgopal

Gateway to South East Asia will not happen. For India is not even a member state of ASEAN.

Singapore, Malaysia, Thailand, Vietnam, Combodia, Brunei, Phillipines, Myanmar, Laos and Indonesia are the ones from that region. Infact we must be called purely South Asia.

now seriously? are you going to give me lists of asean member nations now? lol.


this east facing port will act like a gateway for trade between India and south east asia --> into the booming economies of China, Malaysia, Indonesia, Taiwan, Singapora, HK, Taiwan, Hanoi, etc. hope this helps you understand what i'm talking about?

Chennai never was and never can be an entry point to SE Asia. They have much better ports at very strategic trade routes.

[Anniyan]

Originally Posted by binoyvudi

I hope Essar or Adani bags this one. Chennai truly has a lot of petential for becoming the gateway to SOUTH EAST ASIA .

It has to be one or the other, there are no other bidders

[satchitananda]

Originally Posted by vinodgopal

Singapore, Malaysia, Thailand, Vietnam, Combodia, Brunei, Phillipines, Myanmar, Laos and Indonesia

CM.. enna idhu pazhaya Gopal palpodi advertisement madhiri irukku

[proprashanth]

Andaman Nicobar can act as a gateway as it somewhat lies in SE Asia region.

[krishnancv]

Without the Port-Maduravoyal elevated highway coming to completion, executing this project could turn out to be disastrous. Atleast now somebody has to take the issue with the Chief Minister.

[murlee]

Chennai port by Navaneeth Nagarajan

image hosted on flickr


image hosted on flickr


image hosted on flickr


image hosted on flickr

[ferrari_fan]

Wow lovely shots! Nice finds murlee..

[murlee]

Ennore port to raise Rs. 1,000 crore to fund ongoing projects

The Ennore Port Ltd (EPL) will come out with a 10-year tax-free bond to raise about Rs.1,000 crore to meet its major ongoing projects. It would be launched during the third week of January 2013.

A decision to this effect was taken at a recent meeting of Ennore Port Advisory Committee. Government had given its approval and preparation for pre-launch activities is on, said S. Velumani, EPL’s Chairman-cum-Managing Director.

Talking to The Hindu , he said the amount raised would be used to fund the ongoing capital dredging work of Rs.400 crore, rail and road connectivity of Rs.150 crore, setting up third coal berth for TNEB at Rs.150 crore and for acquiring 750 acres of land from Salt department costing Rs.300 crore.

“We are seeking land from the Salt Department to meet future expansion needs of the port by building supporting infrastructural facilities for port users, customs and immigration authorities. Besides, the amount would be used for dredging and building berths for container, LNG, coal and car terminals,” he said.

At the meeting it was decided to repay the loan of Rs.350 crore obtained from Chennai Port Trust (ChPT) in the initial years to build the infrastructure and subsequent projects at EPL. The amount would be met through internal resources and commercial borrowings.

To avoid congestion, EPL and ChPT had decided to develop a ‘marine highway’ in which barges would be used to move containers between the two port by developing two terminals at a cost of Rs.163 crore.

The optimal carrying capacity would be six lakh twenty foot equivalent units of containers per annum.

The pre-feasibility study had been taken by EPL and the project would be carried out in the private-public-partnership mode, he said.

After serving the industry for 35 years, Mr. Velumani will be retiring on Friday. He took charge as chairman and managing director of EPL on July 30, 2006.

http://www.thehindu.com/todays-paper...cle4145104.ece

[தமிழன்]

Global OEMs to export 3 lakh cars from Ennore Port in next two years

http://business-standard.com/india/n...ears/197830/on

[krishnaswamy]

Kattupalli port to be inaugurated on Dec 13 by TN CM JJ.
காட்டுப்பள்ளியில் எல் & டி நிறுவனத்தின் புதிய துறைமுகம்: டிசம்பர் 13-ல் முதல்வர் ஜெயலலிதா திறந்து வைக்கிறார்

[தமிழன்]

Gazprom in talks with IOC for Ennore LNG terminal stake

he Russian government-owned OAO Gazprom is in talks with Indian Oil Corp. Ltd (IOC) for acquiring a stake in the 5 million tonnes per annum (mtpa) liquefied natural gas (LNG) terminal planned at Ennore near Chennai.
Gazprom, the world’s largest explorer of natural gas, is interested in the Rs.4,320 crore terminal that is to be developed as a joint venture between IOC and Tamil Nadu Industrial Development Corp. Ltd (TIDCO).
“Talks are on between Gazprom and IOC for a stake in the Ennore LNG terminal. Gazprom is setting up a huge liquefaction facility at Sakhalin. It wants a gasification facility in India to cater to the growing demand here,” said a person aware of the development who spoke on condition of anonymity.
The terminal is planned at Ennore Port in Tiruvallur district of Tamil Nadu. IOC plans to invest Rs.56,200 crore during the 12th plan (2012-17), of which Rs.3,592 crore is earmarked for diversification.
IOC chairman and managing director R.S. Butola said he was not aware of Gazprom’s interest but didn’t rule out a partnership. “It hasn’t come to our level. We are talking to Gazprom for sourcing LNG for the Ennore project. We are open to partnerships. Whether it will be Gazprom or others has to be decided.”
A Gazprom spokesperson declined to comment.
A TIDCO spokesperson said the company wasn’t aware of an approach by Gazprom but added that it was “just an associate partner” and that Indian Oil didn’t have to inform it on “bringing in a new partner for the LNG Terminal at Ennore”.
Indian Oil, the nation’s largest refiner, is diversifying its business as there are limited growth opportunities in the oil retailing business. State-controlled refiners such as IOC continue to sell fuel below cost and are not sure about the extent to which they will be compensated by the government or when.
Natural gas is shipped as a liquid and is reconverted at LNG terminals. India has only two functioning LNG regasification terminals. They are located in Gujarat and are owned by Petronet LNG Ltd and Shell India. IOC in a consortium with GAIL (India) Ltd, Bharat Petroleum Corp. Ltd (BPCL) and Oil and Natural Gas Corp. Ltd (ONGC), already owns a stake in Petronet LNG. India currently has around 16 mtpa of LNG regasification capacity.
The country is facing a fuel scarcity as gas production from the Reliance Industries Ltd’s D6 field has dropped. According to the petroleum ministry, the country’s natural gas production was 130 million standard cubic metres per day (mscmd) of gas in 2011-12, a 9% decline from the previous year because of falling production of gas in the D6 field. The future for new power projects looks bleak as the projected gas production in the current fiscal is expected to be only 118.3 mscmd.
Gazprom accounts for 17% of the world’s total natural gas reserves and for around 70% of gas reserves in Russia. Gazprom Marketing and Trading Ltd (GM&T), a unit, has been engaged in LNG trading and marketing in Asia Pacific since 2009. It inked an agreement with GAIL for 2.5 million tonnes of LNG supply per annum for 20 years, starting in 2018-19. Last year, GM&T also signed an accord with IOC to supply 2.5 mtpa of LNG for 25 years from its projects such as Sakhalin.
JP Morgan Russia Equity Research in a report dated 8 November based on a conference call wrote, “Gazprom said up to 40% of its domestic contracts with energy and industrial companies expire by year-end and are being renewed right now....Gazprom believes contract enforceability remains low for the monopoly as well as for the independent players (Rosneft, Novatek) due to government’s initiatives during the crisis years, which remain in effect today. We see the high churn ratio of the contracts as an opportunity for the continued market share rebalancing, as Gazprom itself sees its domestic position as domineering.” IOC also recently signed an agreement with Korea Gas Corp. for “joint participation” in areas such as developing “natural gas infrastructure projects and LNG sourcing”.
Gazprom was earlier present in the Indian hydrocarbon space when it was awarded a block along with GAIL in the first new exploration and licensing policy (Nelp) round that was held in 1999. However, the block was eventually surrendered in the backdrop of a dispute between the companies over payments.
IOC operates 10 of India’s 22 refineries and has a 30.8% share of the nation’s 213.18 mtpa refining capacity.

http://www.livemint.com/Industry/5xx...minal-sta.html

[kannan infratech]

Project Information Memorandum -
Development of Rajiv Gandhi Dry Port cum Multimodal Logistics Hub at Mappedu, Sriperumbudur


http://www.chennaiport.gov.in/downloads/mp4-21b.pdf

[tamilbala]

Originally Posted by kannan infratech

Project Information Memorandum -
Development of Rajiv Gandhi Dry Port cum Multimodal Logistics Hub at Mappedu, Sriperumbudur


http://www.chennaiport.gov.in/downloads/mp4-21b.pdf

Is there 2 Mappedu in Chennai?

There is one place near Tambaram/Perungalathur, the recent proposed East Tambaram Byepass, passes through this.

[தமிழன்]

Ennore Port to sell tax-free bonds in Jan

http://www.livemint.com/Companies/R7...ds-in-Jan.html

[Arul Murugan]

Kattupali port got inaugurated or postponed?

[karkal]

Essar Ports is lone bidder for Chennai port’s mega box terminal

Offers revenue share of 5.25%

Chennai, Dec. 24:

Essar Ports is the lone bidder for the Rs 3,700-crore mega container terminal project at Chennai port. It has offered a revenue share of 5.25 per cent for the project, slightly above the 5 per cent Adani Ports offered in the earlier bid.

The two Indian groups — Essar and Adani — were the only bidders for the project, designed to handle four million 20-foot containers annually. Adani could not get security clearance on time, leaving Essar as the lone bidder, said a senior Chennai Port Trust (ChPT) official who did not want to be named.

The ChPT feels the revenue share offered by Essar was low and did not meet their expectations.

Low revenue share
The price bid for the project was opened today. “We feel the revenue share was too low. We will seek an increase from Essar,” the official said, without giving an indication of ChPT’s expectation from the bidder.

In the previous bid for the same project, Adani was the sole bidder, offering a revenue share of 5 per cent. This was rejected by the ChPT on the ground that the rate was too low.

The ChPT issued a fresh bid, in which seven companies entered the qualification stage. The final fight was between Adani Ports and Essar Ports.

The project is the biggest outside Gujarat for the winner. While Adani’s base is in Mundra, the Essar group has a strong presence in the Vadinar and Paradip ports. For the proposed ‘build, own and transfer’ project at Chennai port, the cost of dredging, floating craft and navigational aids — estimated at Rs 561 crore — will be borne by the port trust.

Cost split
The private operator will invest in berth and breakwater construction, reclamation of backup area, handling equipment and other landside infrastructure, spending about Rs 3,125 crore.

The terminal is to be developed north of the existing Bharathi Dock.

It will have two new breakwaters (total length 4.5 km), and a continuous quay length of 2 km, which will ultimately have a 22-metre alongside depth to handle ultra-large container ships of over 15,000 twenty-foot equivalent unit (teu) capacity and more than 400 metres in length.

[murlee]

Israel Ports Co progresses in Indian port tender

Israel Ports Development & Assets Company Ltd. subsidiary Amaryllis Ltd. and its Indian partner Cargo Motors Ltd. have passed the prequalification stage in the tender to build a new wharf at the Chennai port, in Tamil Nadu State in southeast India. This is the Ports Development Company's second project in India.

Last year, Amaryllis and Cargo Motors won the tender to design, build, and operate the Nargol deep water port in Gujarat in northwest India. The Chennai port tender is to build a roll on-roll off wharf for vehicles. Chennai (formerly Madras) is one of India's main economic centers, and handles the country's motor vehicles industry.

Meanwhile planning of the $700 million Nargol deep water port, located 145 kilometers north of Mumbai, is also moving forward. The port will initially handle three million tons of cargo annually.
Israel Ports Development Company CFO and Amaryllis CEO Richard Ben-Haim says that the company is pursuing Israel's strategic goal of expanding international marketing activity in India, one of the world's biggest economies. "In the coming years, we will invest huge amounts in Indian infrastructures and transport infrastructures, beginning with seaports. This is the perfect time to expand the company's international business," he said.

http://www.globes.co.il/serveen/glob...did=1000808801

[karkal]

Ennore Port reviving box terminal plans, invites EoIs for PPP model

Chennai, Dec. 28:

Ennore Port Ltd is reviving the development of a container terminal after the earlier private terminal operator - Bay of Bengal Container Terminal consortium - had to be terminated in October over delay in finalising funds.

The EPL has invited expression of interest (EoI) from companies who would like to take up the project on a public-private-partnership mode.

Based on the companies’ feedback, the port will change some of the parameters to make the project attractive. The terminal is planned for 2013-14, M.A. Bhaskarachar, Chairman, EPL, said recently. The second step is to issue request for qualification, he said.

The presence of container terminals on either side of the port (L&T Kattupalli in the north and Chennai port in the south) will not affect the prospects for the project at Ennore. With an increase in the transport of containerised cargo in future, there will be enough business for all, he said. “We have the advantage of good rail and road connectivity,” he said. The proposed container terminal is to be developed in stages on a modular basis. The strategy should be to develop terminals that can accommodate at least 8,000 twenty foot equivalent unit (TEU) vessels and even 14,000 TEU in future.

The development and operation of the terminal will be through the PPP model on BOT basis for a concession period of 30 years according to the Model Concession Agreement /Government of India Guidelines.

A back-up portion of land to the extent of about 2,200 acres is available at present with sufficient waterfront. Ennore port has a potential to develop 20 berths with over 100-million-tonne capacity a year to handle a variety of dry bulk/liquid bulk cargo, automobile units, project cargo and containers.

Ennore Port has six berths as of now capable of serving the varied needs of the maritime industry.

The first phase of the port development with an investment of Rs1,058 crore created a protected port basin, two coal wharves to accommodate two panamax size vessels of 280 m length each and a depth of (-) 15 m alongside with entrance/approach channel (3,775 m length) and port basin a depth of (-) 16 m and (-) 15.5 m respectively.

raja.simhan@thehindu.co.in

Keywords: Ennore Port, box terminal plans, PPP model, private terminal operator

[karkal]

Doubts over viability of new box terminals at Chennai, Ennore ports

Chennai, Jan 2:

The global economic uncertainty has put a big question mark on the viability of a new container terminal at Chennai and Ennore ports – together to attract investment worth over Rs 6,000 crore.

Also, the container terminal at Katupalli port built by Larsen & Toubro next to Ennore port is ready with the entire necessary infrastructure, including gantry cranes to handle containers. The terminal is likely to be commissioned any time, thus posing a major challenge to both the projects at Ennore and Chennai.

However, industry sources say since handling of cargo globally will move towards containers from break bulk, there will be enough business for new container terminals.

The presence of container terminals on either side of the port (L&T Kattupalli in the north and Chennai port in the south) will not affect the prospects for the project at Ennore. With an increase in the transport of containerised cargo in future, there will be enough business for all, M.A. Bhaskarchar, Chairman, Ennore Port Litd (EPL), said recently.

The Chennai port’s mega container terminal got poor response with the final bidder, Essar Ports, quoting 5.25 per cent as revenue share. This, the port felt was too low. The reason cited for the low share was the economic uncertainty. The port trust board has formed a committee to seek a possible increase in the offer.

However, sources said that if Essar does not agree for the increase, the port trust may be forced to take a decision on the offer.

The transaction advisor, i-Maritime Consultants, has recommended to the Chennai Port Trust to accept the bid and award the contract in favour of Essar. There has been a global economic slowdown and container handling in Indian ports has been slowing down. In such a situation the viability of the mega project appears weak, and has not attracted many bidders. Hence, the port trust should accept the single bidder’s offers, it says.

The consultant said that if the royalty share was 1.5 per cent, the internal rate of return (IRR) for the port will be 14.11 per cent; if it was 5 per cent the IRR will be 14.91 per cent and if it was 5.25 per cent the IRR will be 14.97 per cent, said sources.

The EPL is reviving its container terminal project after the earlier private terminal operator - Bay of Bengal Container Terminal consortium - had to be terminated in October over delay in finalising funds.

In the earlier bid, the EPL planned to have a container berth of 1 km. However, this time, it has sought suggestions from potential bidders whether to build the same 1 km berth, or build it in phases – starting with 300 metres. “With the global situation not conducive, we need to ascertain the viability of having a 1 km length berth,” said a port official.

On receiving suggestions from potential bidders, the port will appoint a consultant to start the tender process. Based on the companies’ feedback, the port will change some of the parameters to make the project attractive. The terminal is planned for 2013-14, he said.

raja.simhan@thehindu.co.in