KoPT to spend Rs 20 cr to upgrade HDC roads

Written by Economy Bureau | Kolkata, Apr 29 | Updated: Apr 30 2008, 06:55am hrs
Around Rs 20 crore will be spent over the next two to three years to upgrade roads within the Haldia Dock Complex, said Rajeev Dube, deputy chairman of Haldia Dock Complex, Kolkata Port Trust.

Haldia Dock Complex's berths 2 and 8, both of which mainly handle steel cargo, will be reserved for one contractor. The contractor will have to assure a cargo capacity of 1.5 million tonne per berth a year. If the contractor achieves this, he will get an incentive that will allow only his ships to operate in any one berth.

Tata Steel and SAIL are strong contenders. "We have decided to give the operations to someone who can handle them," Dube told reporters at a press meet. He said that the contractor would have to provide a bank guarantee of Rs 34 per tonne against failure to deliver the assured 1.5 million tonne cargo. The move has been operational from March 15. Dube refused to share further details.

"We will spend Rs 106 crore on deployment and procurement of shore-handling equipment and Rs 30 crore on expansion of the railway yard and ancillary facilities within the dock in the coming years," he said.

"A berth will be constructed in another six months outside the port lock gate," he said. The investment for constructing the berth will hover around Rs 100 crore. "In 2007-08, we handled 43 million tonne of cargo and 2332 vessels," he said, but declined to set any target for the current fiscal.