Delhi MCD Election Results 2017

Source: media reports

JN Port gets nine bids for terminal

JN Port gets nine bids for terminal
Comment E-mail Print Share
First Published: Mon, Sep 08 2008. 10 53 PM IST
Updated: Mon, Sep 08 2008. 10 53 PM IST
Bangalore: State-owned Jawaharlal Nehru Port, or JN Port, India’s busiest container handling port in Navi Mumbai, received nine bids to develop a Rs600 crore container facility to boost capacity and ease congestion.
The port plans to develop a terminal with a capacity to handle 600,000 standard containers in partnership with private firms.
JN Port handles some 60% of India’s container cargo of about 7 million standard containers. The container cargo at the port grew 23% to 4.06 million standard containers in fiscal 2008 and it now operates at more than its capacity.
Its three existing container handling facilities are designed to handle only 3.6 million standard containers.
Entities that have submitted bids include: DP World Pvt. Ltd; Group Maritime TCB-Eredene Capital Plc.-OHL Concessions-GE Mauritius International Holdings Ltd; Mundra Port and SEZ Ltd-Adani Enterprises Ltd-Leighton Contractors (India) Pvt. Ltd; ABG Infralogistics Ltd-Gold Star Engineering and Construction Corp.; Vadinar Oil Terminal Ltd-Essar Ports and Terminals Ltd; L&T Transport Project Pvt. Ltd.
A consortium comprising Danish firm APM Terminals and state-run Container Corp. of India Ltd, or Concor, was excluded from the tender because of a Central government policy that prohibits firms that have won the previous cargo handling contract at a major port from participating in the bidding process for the immediate next contract.
APM Terminals-Concor operates the third facility at JN Port. The other two facilities are run separately by DP World and JN Port itself.
Comment E-mail Print Share
First Published: Mon, Sep 08 2008. 10 53 PM IST