JSW will develop a captive port at Pavinkurva, Honavar as per recent update on Indian port sector released by Ministry of Shipping. The transport research win in the Ministry of Shipping has been bring out the biannual publication “Update on Indian Port Sector”.
M/s JSW, Mumbai has submitted a proposal to develop Pavinkurve port under Swiss challenge method. Government of Karnataka has considered this proposal and M/s JSW, Mumbai prepared and submitted the DPR. The ideck, are the transactional advisor for this project. Draft bid document- RFQ cum REP- have been prepared by M/s I-deck and submitted to the Government for Consideration.
Under the Swiss Challenge method of procurement, a candidate makes a proposal for a project, which the government puts before the public to seek more proposals. Once these are received, the original candidate is allowed to match the best bid
JSW will invest upwards of Rs.2000 crores for Honavar Port that will have capacity of 10 million tonnes. This will be the second port at Honavar, after Honavar Port Private Limited being constructed at Tonka, Kasarkod.
History of Pavinkurve Port:
The Government of Karnataka in their Notification No: PWD 107 PSP 2013 Dated: 09.12.2013 have declared the Port Limits of PAVINKURVE Port in Honnavar Taluk for the development of Captive Port. In terms of traffic, this port will be highly dependent on Hinterland comprising Uttar Kannada, Shivamogga, Belagavi, Haveri, Koppal, Bagalkote, Davangere & Bellary and also South Maharastra & Border of Andhra Pradesh. Pavinkurve is close to NH-66 & Konkan Railway. The main cargo to be handled in this Port includes Iron Ore, Manganese Ore, Granite, Coal POL Products, Lime Stones, & Agricultural Products / Marine Products etc., Looking at the need of the Port based industry, a private sector industry had evinced interest in setting of the Captive Port near Pavinkurve Village of Honnavar Taluk. The land used for the project comprising of the Basavarajdurga Island & Sea shore of Pavinkurve village and the reclamation area.