VO Chidambaranar Port To Expand With Rs 7,200 Crore Project, To Compete With Colombo And Singapore As Transhipment Hub

To become a transhipment hub that can compete with Colombo and Singapore, V.O.Chidambaranar Port Authority (VOCPA) has sought expression of interest (EoI) from interested firms to build two container terminals in the port's outer harbour.

The project majorly involves the construction of breakwater, the creation of a backup yard, berth/jetty construction, mechanisation in the berth and stackyard, railway line laying, navigational aids, capital dredging in the Outer Harbour basin and approach channel, construction of Rubble bund for reclamation of dredged materials etc.

The Outer Harbour container development capacity will be four Million twenty-foot equivalent units (TEUs) per year.

Potential To Be A Global Transshipment Hub

V.O.Chidambaranar Port, strategically close to the East-West International sea routes on the southeastern coast, is one of the 12 Major Ports in India and the second-largest port in Tamil Nadu.

The VOCPA was declared a Major Port by the Government of India in July 1974.

According to the EoI document, the traffic forecast study has shown that the future traffic growth at VOCPA depends majorly on container traffic and has the potential to convert into a global transhipment hub.

The port has recorded consistent growth in container traffic in recent years. In the last four years, 2017-18, 2018-19, 2019-20 and 2020-21, VOCPA handled container traffic of 6.92 lakhs TEUs, 7.39 lakhs TEUs, 8.04 lakhs TEUs and 7.62 lakhs TEU, respectively.

"This will be basically India's answer to Colombo port. It will be a major container port, competing with Colombo, Singapore etc, the likes of which India has never seen before," a port official told The Economic Times regarding the container terminal development plans of VOCPA.