Business News/ Companies / SC dismisses Zoom’s plea on Vizhinjam port

New Delhi: A Supreme Court Bench headed by justice Arijit Pasayat on Monday dismissed a petition by Mumbai-based Zoom Developers Pvt. Ltd challenging the rejection of its technical bid for the Rs6,000 crore port project at Vizhinjam near Thiruvananthapuram by the Kerala government.

The Kerala high court had on 4 December set aside the state government’s decision rejecting Zoom’s bid and declared it “non-responsive". It had also asked the government to reconsider Zoom’s financial and technical bid and to cancel the contract awarded to the Lanco-led consortium if the bids submitted by Zoom were found to be competitive.

On 11 February the apex court dismissed an appeal against the high court order by Hyderabad-based Lanco Kondapalli Power Pvt. Ltd, the Kerala government and its nodal agency Vizhinjam International Sea Port Ltd, and ordered the state administration to look at the bid by Zoom within the next 15 days.

During the 15 day period given by the court to the Kerala government in February to consider Zoom’s bid, the government rejected Zoom’s technical bid and held it “non- responsive". Zoom then challenged this alleging “mala fide" intention on the part of the Kerala government.

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Updated: 15 Jul 2009, 06:36 PM IST
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