Detailed Project Report For Rs 1 Lakh Crore Great Nicobar Transhipment Port Ready For Ministry Nod: Report

The Rs 1 lakh crore International Container Transhipment Port (ICTP) project at Galathea Bay in Great Nicobar Island has reached a crucial milestone, with the Detailed Project Report (DPR) now finalised and awaiting submission to the Union Shipping Ministry for approval.

As per a Hindu Businessline report, JP Irene Cynthia, Managing Director of Kamarajar Port Ltd (KPL), confirmed the development on the sidelines of the India Maritime Week 2025 in Mumbai.

Once the ministry approves the DPR, tenders will be floated within the next six to eight months to invite private participation.

The project will be executed under a public-private partnership model, with government support expected in the form of viability gap funding or other financial assistance schemes.

In its first two phases, the ICTP will attract an investment of Rs 44,000 crore to create a handling capacity of 11 million twenty-foot equivalent units (TEUs) over three to four years.

On completion, the port will have an overall capacity of 16.2 million TEUs, entirely focused on container traffic.

The Kamarajar Port Ltd was recently appointed as the nodal agency for the project, taking over from Syama Prasad Mookerjee Port, Kolkata.

Environmental clearance for the development was granted by the Union Environment Ministry in November 2022, along with one forest clearance, while the Ministry of Finance’s Department of Expenditure has already given “in-principle” approval for the holistic development of the island.

Strategically located just 40 nautical miles from the key international shipping route, the Galathea Bay port will offer natural water depths of over 20 metres and aims to serve as a major transhipment hub for cargo from Indian and regional ports.

The project is a cornerstone of India’s maritime expansion strategy, designed to reduce dependence on foreign hubs such as Colombo, Singapore, and Port Klang, which currently handle nearly 75 per cent of India’s transshipped cargo.

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