Indira Container Terminal (ICT) is a special purpose vehicle promoted by Gammon India Ltd. & Gammon Infrastructure Projects Ltd, collectively called the Gammon Group and Dragados SPL, Spain. Dragados is a massive Conglomerate in Europe with business interests in construction, port operations, port services and logistics with its head office at Madrid, Spain. Gammon is a well known business house in India with business interests in construction, infrastructure projects and port operations.
This is the first and single largest container terminal project in the Mumbai Port under build operate and transfer (BOT) scheme. The Project involves constructing, financing, equipping, operating and managing the Mumbai Offshore Container Terminal (MOCT), comprising of 700 meters’ quay length in the 1st phase extendable to 1050 meters subsequently.
ICT has entered into a License Agreement with Mumbai Port Trust (MbPT) the scope of which includes,
(a) Operation and management including necessary developments, modifications and augmentation of facilities of the Ballard Pier Station (“BPS Project”); and
(b) Development, construction, operation and management of an Offshore Container Terminal in the Mumbai Harbour, to be implemented in accordance with the Major Port Trusts Act, 1963 and the Guidelines through private sector participation on build, operate and transfer (BOT) basis;
This is a public – private – partnership project where ICT and MbPT invest and also MbPT personnel work on deputation along with ICT employees in its BPS operations. MbPT is also working for setting up a Container Freight Stations and other logistic requirement for the smooth functioning of this prestigious MOCT project in their existing land holding. MbPT along with Central Railways is also putting in place an additional rail track between Wadala and Kurla.
MOCT is expected to handle about 1.5 million Teus per annum after starting the commercial operations of the new facility.
With greater geographical advantage both by water being located the first in the channel and by land being located in the middle of the city well connected by road, rail and air we will translate enormous varieties of customer specific requirements into economically viable logistic solutions.