India seeks port transaction advisor
The Ministry of Shipping, Government of India is proposing to develop a greenfield major port at Dugarajapatnam in Andhra Pradesh at a distance of about 90 km north of Ennore Port and 700 km south of Visakhapatnam Port to meet the ever increasing cargo demand in the country.
It is planned to develop the port with world-class terminal facilities well suited to meet the present and future needs of the trades. Dugarajapatnam port once developed will have a unique distinction of being most modern green field major port in India with water depth up to 21m, making it the deepest and capable of handling deep draft super cape size vessels to handle containers and bulk cargo. The Port with its proposed facilities will become a gateway port for its entire hinterland spread over north, south, west and central India.
Visakhapatnam Port Trust invites proposals from interested firms for selection of a Transaction Adviser who shall develop a revenue model and appropriate structure for the project, prepare bid documents for selection of the Concessionaire, assist the Authority in the bidding process, execution of Concession Agreement with selected Concessionaire and achievement of Financial close.
Schedule of Selection Process:- Proposal Due Date: 22.11.2013 up to 15.00hrs
- Opening of Proposals: 22.11.2013 at 15.30 hrs
- Letter of Award (LOA): 06.12.2013
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