Third container terminal project at VOC Port Tuticorin, cleared by the Port’s
board of directors, on August eighth, after a delay of more than a year has run
into rough weather, when the Madurai bench of Madras high court has ordered
status quo on processing of the tender based on petition filed by one of the
private companies, a contender for the project
J M Baxi Ports and Logistics had emerged
the highest bidder on the tender when the price bids were opened on August 4th.
court order came immediately after the board of V O C Port Authority cleared
the highest royalty price bid of Rs1,900.44 per twenty-foot container unit
(TEU) placed by J M Baxi Ports & Logistics Ltd on the the tender. The court
order means that the VOC Port Authority cannot take “further action” on the
tender till the case is disposed of.
signing of the concession agreement between the port authority and the highest
bidder within 30 days for putting the 30-year contract in motion as per the
tender and issue of Award to the firm will be delayed till the court decides on
tender was issued by State-owned V O C Port Authority for converting a bulk
cargo terminal at the port located in Tuticorin into a container handling
facility capable of handling six lakh TEUs a year.
The petition against the Port’s decision
on the award of tender was brought by a consortium led by Bollore Africa
Logistics SAS seeking to reverse its
disqualification from the bid. The same consortium runs the Dakshin Bharat Gateway Terminal Pvt
Ltd from Berth No 8, one of the two container terminals operating at VOC Port.