"The multi-modal terminal at Sahibganj in Jharkhand is soon to become a reality. The Inland Waterways Authority of India (IWAI) has recently awarded the contract for construction of the terminal to Larson & Tourbo (L&T)," Ministry of Shipping said in a statement.
With the targeted completion of Phase-1 in 2019, the state-of-the-art terminal will have a cargo handling capacity of 2.28 million tonne per annum (MMTA).
Given Jharkhand's coal reserves of nearly 80 billion tonnes, the location of the multi modal terminal at Sahibganj is especially significant, it said.
Besides coal, stone-chips are also expected to be transported through the terminal.
The multi-modal terminal will have facilities including berthing space for two vessels, stockyard for storing, belt conveyor system with fixed hoppers, barge loader, shore protection works, roads, ramps and parking area, and terminal buildings.
The Sahibganj terminal is the second out of the three multi-modal terminals planned under the Ganga Jal Marg Vikas Project, to be awarded for construction in a record time.
The third terminal will be constructed at Haldia in West Bengal.
The Government is developing National Waterway-1 under the Jal Marg Vikas Project, with technical and financial assistance of the World Bank at an estimated cost of Rs 4,200 crore.
The project would enable commercial navigation of vessels with capacity of 1,500-2,000 tonnes.
Phase-I of the project covers the Haldia-Varanasi stretch.
The project includes development of fairway, Multi-Modal Terminals at Varanasi, Haldia, and Sahibganj, strengthening of river navigation system, conservancy works, modern River Information System (RIS),
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