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Industry Marketing News

Bidders for Mumbai-area terminal await APM ruling

Bidders for Mumbai-area terminal await APM ruling

Jawaharlal container yard

Jawaharlal container yard

Infrastructure majors like DP World, PSA International, Sterlite Industries, Adani Enterprises and GVK have given bids for setting up a fourth container terminal at the Jawaharlal Nehru Port Trust (JNPT) near Mumbai.

The selection of a winning bid is uncertain since there is a court stricture barring the government from opening the bids … pending a decision on a case filed by the Danish-based AP Moller-Maersk Group (APM). The company had been barred from participation in the second round of bidding.

APM was disqualified in the second round due to “security reasons.”

From the New Delhi Business-Standard

    (2010-11-02 14:23)

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