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Status of Chennai port Maduravoyal Elevated Corridor

The tenders for the resumption of work on the Chennai Port Maduravoyal Elevated Corridor will be floated by the National Highways Authority of India before the end of the year said Mr P Raveendran, Chairman of the Chennai Port last week.

NHAI considering modes of implementing the Maduravoyal project

Talking to newspersons he said the Highways Authority of India is currently considering the mode of implementation of the project whether it should be build operate transfer model (BOT) or the revenue sharing model or the hybrid method.

The authority is expected to complete the exercise within a few months and he was confident that the tenders for the project will be called before the end of the year.

History of the Project: Delay and Resumption

The project considered crucial for evacuation of containers from the terminals of the Chennai Port was abandoned midway about seven years ago after the then Chief Minister J Jayalalitha raised environmental issues way back in 2012.

The state government gave its clearance two years ago after her death. The Detailed Project Report for resumption of the project was prepared a year ago. The objections raised by the Navy on the landing point near the War Memorial have also been sorted out. The Lok Sabha elections came in the way of taking decisions on the project. The shipping industry is anxiously awaiting the resumption of work on the crucial project.

Cargo handling in Chennai Port

Mr Ravindran said the Chennai port has handled 54 million tons of cargo during the last financial year.  There has been pressure on the volumes handled by the port during the first five months of the current financial year

The port has since received set back in handling of bulk cargo like dolemite and lime stones.  The extension of maintenance period by the Chennai petroleum corporation’s refinery has also reduced POL cargo handled by the port. There is also negative growth on the container handling.

Silver lining for the port: automobile exports, iron and steel cargo

The silver lining for the port has been provided by fifty per cent growth in automobile exports and one hundred per cent increase in handling of iron and steel cargo.

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