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VO Chidambaranar Port Trust – Tuticorin Outer Harbour project

Tuticorin,  Jun 16, 2018 (Issuewire) - VO Chidambaranar Port Trust, Tuticorin has planned an Outer Harbour to cater to the traffic growth in the region.  Located in the state of Tamil Nadu is a fast growing Major Port situated on the South East coast of India. The port is one of the twelve major ports of India. Tuticorin is emerging as a hub of Thermal power stations in south India basing their coal needs channelized through VOC Port. Because of its strategic location at the southern tip of Indian Sub-continent and closer to the great East-West international trade route, it has great potential to attract transshipment containers.aXYKno Capital Services were the consultants for the project and carried out Financial Feasibility for development of VOC Port Outer Harbour.

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The port traffic has grown due to industrialization in and around Tuticorin. Keeping in view the current growth and traffic potential, the Outer Harbour development is planned with matching infrastructure needs in terms of deep draft, efficiency and capacity to attract major shipping lines and ultimately to be an international transshipment hub.At full capacity, the Outer Harbour is expected to handle approx 217.50 million tonnes of cargo annually. The total project cost for the same is Rs.18, 820 crores.

Location:India

Client:VO Chidambaranar Port Trust  Tuticorin

Market:Ports

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aXYKno

research@axykno.com

+917126671999

Level III leela vista, building, WHC Road, Bajaj Nagar,

http://www.axykno.com

Source :axykno


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