The terminal with a 2.19 million TEUs capacity is estimated to cost Rs. 4,243.64 crore. Deendayal Port Authority, based on their preliminary calculations, was expecting a royalty in the range of Rs300 to Rs900 per TEU, based on the investments made by the port authority as its contribution to the project.
According to Deendayal port officials, “Even if Deendayal Port Authority had received a royalty of Rs1,000 per TEU, it would have awarded the project. Adani Ports and Special Economic Zone Ltd, the only other bidder to submit a price bid for the project last year, quoted Rs1,500 per TEU as royalty, which was the most realistic bid.”
In January 2023, DP World had surpassed the expectations of the port authority by a huge margin, by placing the highest royalty of Rs6,500 per TEU to emerge the successful bidder for the project, in a bid that stunned the ports industry.