Vizhinjam International Seaport Limited (VISL) today announced that the project had received 14 submissions as a part of the RFQ (request for qualification) process. The RFQ was called on November 25, 2010.
Several Indian infrastructure companies such as GMR, GVK and Reliance have submitted the RFQ, in addition to consortiums of foreign players from Turkey, UK and Australia. Among the companies which submitted the RFQ were Gammon Infrastructure Projects; Mundra Port; Essar; Global Yatirim Holding and STFA consortium (Turkey); Jaiprakash Associates; Patel Engineering and Limak (UK) consortium; Sterlite Industries; consortium of SCI, SKIL, HCCL; consortium of Welspun Infratech and Leighton Contractors; Nagarjuna Construction Company and Condor Brookfield consortium.
The volume of container traffic is expected to rise from 238,000 TEU in the first year of operations to 822,000 TEU by 2020. Container revenues are estimated to be more than $ 7 million in the first year of operations, to touch $ 35 million by 2020.
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