The Centre has invited bids for the ₹41,000-crore mega international container transhipment port (ICTP) being planned for the Galathea Bay of Great Nicobar Island of Andaman and Nicobar Islands.
The government is aiming to complete the terminal in 2028 with 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.