The project, which will eventually span over 166 sq km, about 18 per cent of Nicobar’s 910 sq km, with an estimated cost of Rs. 80,000 crore will have an international container transhipment terminal (ICTT), a greenfield dual-use international airport, a township and its supporting infrastructure and a power plant to make the island energy self-sufficient. The project will also enhance the maritime integration of major Indian ports and go on to create a more integrated domestic-to-global shipping network. It will transform India into a major transhipment hub. Today, nearly 25 per cent of all containers originating from India are transhipped through foreign ports. The Nicobar ICTT will reverse that.