Plan for Ponnani port under study
Monday, January 18, 2010
The master plan for the development of Ponnani harbour in Kerala into a major all-weather cargo port has been submitted to the state government by Chennai-based consultant Malabar Ports. Issues hurdling included any possibility of siltation within the port basin and whether the development works would affect the existing fishing harbour in the vicinity. Project will be undertaken on build, operate and transfer (BOT) basis. The concession period for the private bidder will be 30 years after one year for project formulation and three years for construction.
The port is proposed to be developed in three phases at a total outlay of around Rs 2,000 crore, with the first phase costing Rs 763 crore. The port will have both rail and road connectivity for the movement of cargo.
The all-weather port is envisaged to handle vessels of about 50,000 deadweight tonnage (DWT) and speed up the all-round development of Malappuram, Palakkad and Thrissur districts and support the Coimbatore-Palakkad industrial belt.
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