Gujarat government may invite new offers for Nargol port

The Gujarat government is gauging the choice of inviting new offers for creating Nargol port. The state oceanic controller, Gujarat Maritime Board, has dropped the work granted to Cargo Motors for the Rs 4,000 crore port undertaking.

A consortium of Cargo Motors Pvt Ltd and Israel Ports Co was chosen as the engineer for Nargol port in August 2012. While Israel Ports before long retreated from the venture, the improvement of the port has been stuck for a long while now, said sources in the state government.

“Cargo Motors was given enough time to build the port but due to some reasons it could not be done in the stipulated time-frame. Gujarat Maritime Board terminated the Letter Of Intent (LOI) awarded to the company last year. The government is now exploring the option of inviting fresh bids,” said a government official.

Nargol lies about 120km south of Surat and 140km north of Mumbai. It is a multi-reason port equipped for dealing with strong, fluid and holder payload.

Nargol was finished as a port site after one more port undertaking at Maroli, about 10km away from here, was deserted despite obstruction from nearby anglers who dreaded their work could be influenced if Maroli port was to be created.

Israeli firm Zim Integrated Shipping Services had won the Maroli port task yet pulled out later.

The proposed port was to have an underlying load taking care of limit of 1.2 million twenty-feet comparable units (TEU). Plans were likewise in progress to set up a vehicle terminal by setting up a move on/move off (ro-ro) office in future. This permits wheeled payload, for example, vehicles, to be moved off or on to vessels without the requirement for cranes.

During the offering cycle before, at any rate two dozen organizations had at first demonstrated revenue in building up the port yet just four, including Sterlite-Vedanta join and Gammon India Ltd, qualified for the last round.

Payload Motors and Israel Ports won the offer by offering high waterfront charges of 171%.

GMB demands an eminence charge on per ton of payload to the port engineer for utilizing the state’s waterfront. These charges rely upon the sort of freight dealt with. As the previous port venture at Maroli confronted issues of land procurement, the Nargol venture was proposed to be created on recovered land estimating around 75-100 hectares.