To revive its ambitious Outer Harbour project in Puthuvypu-Fort in Kochi region, the Cochin Port Trust (CPT) is getting ready the project for mandatory approval and has a cost estimate of Rs 4,000 crore. Once this project is cleared, CPT plans to push forward with a more ambitious petro-chemical complex with a cost outlay of Rs 40,000 crore.
An Expression of Interest (EoI) will be invited by CPT for construction of the twin breakwaters, needed for the harbour, by mid-December, CPT said. The breakwaters - one on the Fort Kochi side and the other at Puthuvypu - are also expected to reduce silting at the Kochi port channels by 40 per cent.