User:Tarang Fajalia

Nargol

Nargol (also: Nargole) is a village located in the southern region of the Indian state of Gujarat near the Maharashtra border. It lies about 150 kilometres (93 mi) north from Mumbai and around 400 kilometres (249 mi) from Ahmedabad on the Arabian Sea coast. Nargol beach is dotted with Casuarina trees and the waters have a population of sea turtles. The nearest town is Vapi, located about 25 kilometres (16 mi), and the nearest airports are Daman and Surat. The nearest railway station is Sanjan, (about 11 kilometres from the village) with frequent train connections to both Mumbai in south and Gujarat in the north.

Gujarat okays Rs 4000 crore Nargol port construction

Gujarat government has given a go-ahead to construction of the proposed port at Nargol, 120 km south of Surat. A consortium of Cargo Motors Limited and Israel Ports Company (IPC) will develop the port at an investment of Rs 4,000 crore, a state government official said.

"The Gujarat government has recently okayed the GMB bid given to the consortium. Now the work of this greenfield port will take off," said a senior official of the department of Road, Ports and Transport.Nargol is amongst eight greenfield ports being developed by Gujarat Maritime Board (GMB), the maritime regulator in Gujarat. Other ports Mundra, Pipavav, Dahej and Hazira have been made operational by private players, while Chhara, Kacchigadh and Mahuva are under various stages of development.

Nargol falls in the upcoming Delhi-Mumbai Industrial Corridor ( DMIC), about 120 km south of Surat and 140 km north of Mumbai is perceived as a multi-purpose port capable of handling solid, liquid and container cargo. The place is well connected with road and rail network. Plans are underway to expand the two-lane state highway into an eight-lane divided carriageway.

It has a draft (depth) of 11-12 metres. The developers expect to reclaim 75-150 hectares of land for developing the port, whose first phase is likely to be commissioned by 2015-2016, said a GMB official. The proposed port is estimated to have an initial cargo handling capacity of 1.2 million twenty-feet equivalent units (TEU).

When operational, it is expected to ease the burden on the Jawaharlal Nehru Port Trust ( JNPT) in Mumbai. The developers are also looking at the possibility of offering Roll-On-Roll-Off (RO-RO) service, where passenger and cargo vehicles can be ferried in giant ships.

Mumbai-based Shapoorji Pallonji has undertaken work for the Chhara port in Junagadh and Larsen and Tubro is developing Kachchigadh port in Jamnagar. The consortium had won a bid in January earlier this year and was awaiting a final approval for the go ahead from the state government.

The bidding witnessed participation of at least twenty companies of which Essar, Sterlite-Vedanta consortium, Gammon India and consortium of Israel Port Company -Cargo Motors were shortlisted for the final selection. Cargo Motors runs car dealerships and is akso involved in the hospitality, logistics, construction and power industries while IPC has over 50 years of experience in maritime infrastructure.

Gujarat Maritime Board handles 41 minor ports, which have a share of 25% of the nation's total cargo and account for 80% of the total traffic handled by other non-major ports of India. Traffic at Gujarat's non-major ports grew 11.31% quarter-on-quarter to reach 63.20 million tonnes during the first quarter of the current fiscal.

Nargol Port ProjectItalic text

1.	Project – Green field Port Project

2.	Location –Valsad District, Near Nargol Village, Gujarat

3.	Licensor - Gujarat Maritime Board (GMB) - Licensor

4.	Licensees – Cargo Motors Private Ltd (CPIL) and Amarillis Limited

5.	Key Promoter Credentials Cargo Motors Private Limited - Cargo Motors Group is a USD 500 Million company, started in 1959 is a leading Indian business conglomerate with diverse interest in Automobile, Hospitality, Renewable Energy, Real-Estate, Financial Services, Transportation, Logistics, Construction and Infrastructure Sector. Owing to the sustainability commitments and its spirit to identify and undertake new ventures, the group decided to venture into Power and Infrastructure space. The Company is foraying into Renewable Energy with a focus on Solar, Wind, Hydro, Geothermal and Energy from Waste. Besides this the company has ventured into the Port and Cement Sector with plans to setup Greenfield Ports and Cement Manufacturing Plants.Amarillis Limited - It’s a 100% wholly owned subsidiary of Israel Ports Development and Assets Company Limited (IPC) and act as its international arm, IPC is a USD 2 Billion company, was established in July 2004 as a wholly owned company of the GOVERNMENT OF ISRAEL and commenced its operation in February 17, 2005. AAA Rating of IPC reflects the Company's financial stability. IPC is responsible for the development of Israel’s three commercial seaports in Haifa, Ashdod and Eilat (Total USD 1676 Million), and for providing the necessary infrastructure which will allow the ports to efficiently and competitively handle Israel’s international maritime trade.

6.	Model – PPP project (BOOT)

7.	Concession Period – 30 Years

8.	The Estimated project cost for phase 1 is Rs. 5000 Cr.

9.	Project Requirement for Phase 1 – one Container Berth, one Multipurpose berth and one Coal Berth.

10.	Project Status – Development Phase

11.	Various agencies have been appointed for appraisal of the project.

12.	USP of the Project – •	Port is in “Golden Corridor” of Gujarat •	Hinterland of Nargol Port – Central/North Maharashtra, Gujarat, Rajasthan & Madhya Pradesh. •	Nargol Port is accessible by existing road to industrial and commercial hubs of Southern Gujarat and NH.