& Toubro Ltd (L&T) has been awarded the contract
to execute Gangavaram Port Ltd''s first phase of the greenfield
deep water port project'' in Andhra Pradesh. The project
site is located at Gangavaram, about 15km south of Vishakapatnam
order is valued at Rs411 crore on engineering-procurement-construction
basis by L&T within 24 months from December 2005.
The scope of works involves construction of two breakwaters
having a total length of approximately 2.6km and five
berths for handling different types of cargo. Apart from
the offshore works, the company will also execute some
of the onshore civil works.
completed, the port will handle 35 million tonnes of cargo
in the first phase and boost the industrial development
of Vishakapatnam region and its hinterland.
the order, K V Rangaswami, member of the board and senior
vice president (construction), L&T, said, "This
is a very prestigious order for L&T since it happens
to be a greenfield port and this is for the first time
in India that an order for a 1.5km-long berth has been
released for construction in a single package. The order
brings immense credit to L&T, since we bagged the
order amidst stiff global competition from major players
in construction. L&T will further build on its strengths
in this marine business which is expected to grow rapidly
in the next few years."