OHL Concessions is Awarded the Future Container Terminal in Ennore Port in India

OHL Concessions will take part in the construction and operation of the future container terminal in Ennore Port in India, located on the east coast 24 km north of the city of Chennai.

The contract for the project has been awarded to a JV in which OHL Concessions has a 26% participation, along with Grup Maritim TCB (another 26%), and the Indian company Lanco Infratech Ltd. and the Indian infrastructures fund, Eredene Capital, each with 24%.

The public concession, tendered as a BDFOT contract, has an initial duration of 30 years and the investment will exceed 230 million Euros, of which 180 million will go to civil works to be developed in an approximately two and a half years, and the rest to equipping the facility.

Ennore Port, thanks to its intermodal transport access and its strategic location in a highly industrialized area in the state of Tamil Nadu, is planned as the main route for the growth of goods container traffic in the east of India.

The future containers terminal will start operating at the end of 2013. It will have a 50 hectare esplanade and a 1000 m long docking line with a 15 m deep dock draught which will allow the operation of latest generation, Post-Panamax boats of up to 8000 TEUs. The winning project will set up 8 gantry cranes and 33 RTGs at the first phase to serve traffic of 1.2 million TEUs per year, and it will be added to with the goal of reaching 1.5 TEUs in the second phase.

According to Drewry the transport of goods containers in India has increased extraordinarily in the last few years, with an average annual growth of 14% over the last decade, and it is predicted to exceed 35 million TEUs per year in 2020, compared to the 9 million in 2009, supposing an average yearly increase of 11%.