BL reported that Cochin Port Trust is likely to invite fresh tenders for capital dredging together with maintenance dredging at Vallarpadam International Container Transhipment Terminal at Kochi in Ernakulam district of Kerala.
After rejecting an initial price bid from a Belgium-based dredging company on the grounds that it was too high, the state-run Cochin Port Trust has floated a fresh tender for capital dredging of its container terminal at Vallarpadam and maintenance dredging of the port.
The port is hoping to receive good response this time for its Rs 480-crore dredging project, including from Indian dredging companies.
It expects lower price bids, as under the new eligibility criteria the smaller dredging companies having relevant experience would also be allowed to participate.
Besides, even with the delay of five months to start the project, the port is confident of completing the capital dredging work on schedule by November 2009. It plans to start dredging work from September 1, 2008.
Cochin Port Trust had received two bids in the initial bidding process four months back, from Belgium-based Dredging International (DI) and Indian dredging firm Jaisu Shipping.
However, only the Belgium company could qualify and had quoted Rs 800 crore for the work, which was rejected by the Port authorities.
The bid submission ends on August 15, 2008.
The port is looking to deepen the approach channel of its transhipment container terminal to a varying depth of 16-18 metres from the current 14 metres for larger container vessels of 14.5 metres draft (8,000 twenty foot equivalent units, or TEUs). Currently, the vallarpadam terminal can accommodate 12.5 metres draft vessels.
