Even after extending the deadline for bidding, the Kandla Port Trust (KPT) has not received any response from private players for its proposed development of marine liquid terminal facilities.
The port authority plans to engage a private party to set up the facilities consisting of single point mooring (SPM) and two product jetties.
The port authority invited expression of interests (EOIs) for the project and initially set the deadline for application at January 29. Later, the deadline was extended to the last week of February.
The authority hopes that in the coming days private players may show interest in the around Rs 450 crore project. The SPM and allied facilities will have capacity of 14.5 million tonne per annum (mn tpa) of crude oil, while two liquid cargo jetties combined will have the capacity to handle 10 mn tpa of petroleum products.
It is learnt that an oil refinery would use the proposed SPM for captive purpose to import raw material and export of finished products and transportation of raw materials or finished products under captive use policy of the Government of India.
Currently, KPT has an Off-Shore Oil Terminal operational at Vadinar with 3 SBMs having a capacity to handle 80 mn tpa of crude oil and two product jetties with a capacity of 14 mn tpa for handling POL products are in operation.
During 2011-12, the port handled about 35.45 mn tpa of crude oil for feeding the four major oil refineries - at Panipat, Mathura, Koyali and Jamnagar.