The who’s who in the shipping and logistics sector have filed express of interest for development and maintenance of dredging, offshore reclamation and shore protection works on public-private-partnership (PPP) under Hybrid Annuity Model (HAM) for the new port at Vadhavan.
The contestants include APSEZ, Hindustan Infralog (DP World), Larsen & Toubro, Royal Boskalis, Van Oord Dredging and Marine Contractors, Jan De Nul Dredging, National Marine Dredging Company, International Seaport Dredging, Rail Vikas Nigam, Hyundai Engineering and Construction Co, Meka Infrastructure and Vishwa Samudra Engineering. The project is estimated to cost Rs20,647 crores and the deadline for submitting the bids has ended on 30 August.
This is the first time that the government is trying dredging, offshore reclamation and shore protection works for a new port on public-private-partnership (PPP) under Hybrid Annuity Model (HAM).
