KPT gets dull response for terminal project at Vadinar

The proposed project of marine liquid terminal facilities at Vadinar under the Kandla Port Trust (KPT) seems to be facing difficulty in generating interest from the port developers and investors.

So far, the port authority has not received any expression of interests (EOIs) for the projects even as the deadline ended on January 29 thereby prompting it to extend till last week of February.

“The EOIs were invited for development of marine liquid terminal facilities consisting of single point mooring (SPM) and two product jetties. We did not receive any response till its deadline of January 29. So we extended the deadline, but so far nothing has come up,” said a senior official at KPT.

The oil jetties and SPM are mainly to be used for captive purpose by an oil refinery for the purposes of import of raw material and export of finished products and transportation of raw materials or finished products under captive use policy of the Government of India, a KPT notification stated.

“The project cost is around Rs 450 crore and we hope interested companies will soon send EOIs,” the KPT official informed.

The last date of application has been extended by about a month from January 29, 2013 to the last week of February.

The SPM and allied facilities will have capacity of 14.5 million tonnes per annum (MTPA) of crude oil, while two liquid cargo jetties combined will have the capacity to handle 10 MTPA of petroleum products. Currently, KPT has an Off-Shore Oil Terminal (O.O.T) operational at Vadinar with 3 SBMs having a capacity to handle 80 MTPA of crude oil and two Product jetties with a capacity of 14 MTPA for handling POL products are in operation.

KPT has handled about 35.45 MTPA of crude oil during 2011-12 for feeding the four major oil refineries. at Panipat, Mathura, Koyali and Jamnagar.