Indian port seeks legal and financial advisors for PPP project
The proposed Vizhinjam International Deepwater Multipurpose Seaport is an ambitious project taken up by Government of Kerala. The project is proposed to follow Landlord Port Model, where dredging, reclamation and basic infrastructure like construction of break-water and quay will be done by Vizhinjam International Seaport Ltd (fully owned by Government of Kerala).
Port Operation will be on PPP model. Terminal superstructure will be built by private operator who will also operate and maintain it for 30 years. The Port will be at Vizhinjam, near Thiruvananthapuram in Kerala, India with a quay length of 2000 meters in three phases. It will be designed to cater primarily for container transhipments besides multi-purpose and break bulk cargo.
Vizhinjam International Seaport Ltd (VISL) has invited proposals of law firms for drafting the concession agreement and for providing legal assistance and legal advisory services in the bidding process for the project.
Vizhinjam International Seaport is also carrying out the process for selection of a financial consultant. The financial consultant will develop the revenue model and assist the Authority in the bidding process.
The indicative cost of the Project is Rs. 40,000 million.
The deadline for submission of proposals are the following:
- Legal advisor: December 4th, 2013.
- Financial consultant: December 2nd, 2013.
- Legal advisor: http://vizhinjamport.in/downloads/RFP-Legal-Consultant-Vizhinjam-Port-061113.pdf
- Financial consultant: http://vizhinjamport.in/downloads/RFP-FC-TA-%20Vizhinjam-Port-011113.pdf
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