River sand on way from Malaysia but price fall unlikely

River sand on way from Malaysia but price fall unlikely
30/07/2018 , by , in ALLIED

Consumers may still pay a hefty sum for imported sand, on par with the price of sand from localquarries. River sand is marketed at ?110/ft3 and imported sand is likely to cost not less than ?100/ft3 .
Sand transporters are likely to be hit hardest with ships delivering sand to port near the city, not allowing them to charge for additional distance.

PWD officials say one unit of sand (4.5 tonnes) will be priced at ?10,000. “The government is yet to finalise price for imported sand,” a PWD official said. The first vessel carrying five million metric tonnes of river sand from Malaysia will arrive at Kattupalli port or Kamarajar Port in Ennore next month.

Inrythm Energy is on contract to supply sand to the government for six months to meet to demand in Chennai, Kancheepuram and Tiruvallur districts, which account for 50% of all construction activities in the state. The PWD is the sole agency authorised to sell imported sand.

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