Adani emerges as highest bidder for Tajpur deep-sea port
PORTS & SHIPPING

Adani emerges as highest bidder for Tajpur deep-sea port

Adani Ports and Special Economic Zone Limited (APSEZ), the largest private operator in India, came up as the highest bidder for the greenfield deep-sea port project at Tajpur in a neck-to-neck fight with JSW Group for the West Bengal Government.

APSEZ and JSW Group, led by Sajjan Jindal, were the only two entities that participated in the financial bid round.

Although, there were other ports and logistics majors interested in the Rs 7,000 crore project in the Purba Medinipur district.

A government official told the media that APSEZ, the highest bidder, offered a share of 0.25% of gross revenue. It was marginally more than the second bidder, who offered 0.23%.

The official revealed that the revenue share would increase to 4% but would be at a much later date of the concession term, which is 99 years.

The West Bengal government expects that the first phase of the project would be completed and operational in the next three-four years.

The official informed that road access to the site is the biggest difficulty and railway connectivity is also necessary.

For a 15-16 m draft, an 18 km channel needs to be constructed into the sea. For Panamax size vessels, a 12 m draft is required.

APSEZ would get 125 acres of seafront land for the port development, and an additional 1,000 acres, 4 km away, for port-linked industrial development.

Meanwhile, Adani Group did not bid for the Kolkata Port's Kiddherpore dock but was the highest bidder for the modernisation of Berth 2 of Haldia dock.

After APSEZ emerged as the highest bidder, a note was prepared. It would be placed in front of the state cabinet for final approval.

Image Source

Also read: Adani Ports achieves milestone of 300 mmt cargo handling

Adani Ports and Special Economic Zone Limited (APSEZ), the largest private operator in India, came up as the highest bidder for the greenfield deep-sea port project at Tajpur in a neck-to-neck fight with JSW Group for the West Bengal Government. APSEZ and JSW Group, led by Sajjan Jindal, were the only two entities that participated in the financial bid round. Although, there were other ports and logistics majors interested in the Rs 7,000 crore project in the Purba Medinipur district. A government official told the media that APSEZ, the highest bidder, offered a share of 0.25% of gross revenue. It was marginally more than the second bidder, who offered 0.23%. The official revealed that the revenue share would increase to 4% but would be at a much later date of the concession term, which is 99 years. The West Bengal government expects that the first phase of the project would be completed and operational in the next three-four years. The official informed that road access to the site is the biggest difficulty and railway connectivity is also necessary. For a 15-16 m draft, an 18 km channel needs to be constructed into the sea. For Panamax size vessels, a 12 m draft is required. APSEZ would get 125 acres of seafront land for the port development, and an additional 1,000 acres, 4 km away, for port-linked industrial development. Meanwhile, Adani Group did not bid for the Kolkata Port's Kiddherpore dock but was the highest bidder for the modernisation of Berth 2 of Haldia dock. After APSEZ emerged as the highest bidder, a note was prepared. It would be placed in front of the state cabinet for final approval. Image Source Also read: Adani Ports achieves milestone of 300 mmt cargo handling

Next Story
Technology

Building Faster, Smarter, and Greener!

Backed by ULCCS’s century-old legacy, U-Sphere combines technology, modular design and sustainable practices to deliver faster and more efficient projects. In an interaction with CW, Rohit Prabhakar, Director - Business Development, shares how the company’s integrated model of ‘Speed-Build’, ‘Smart-Build’ and ‘Sustain-Build’ is redefining construction efficiency, quality and environmental responsibility in India.U-Sphere positions itself at the intersection of speed, sustainability and smart design. How does this translate into measurable efficiency on the ground?At U..

Next Story
Infrastructure Transport

Smart Roads, Smarter India

India’s infrastructure boom is not only about laying more kilometres of highways – it’s about building them smarter, safer and more sustainably. From drones mapping fragile Himalayan slopes to 3D machine-controlled graders reducing human error, technology is steadily reshaping the way projects are planned and executed. Yet, the journey towards digitisation remains complex, demanding not just capital but also coordination, training and vision.Until recently, engineers largely depended on Survey of India toposheets and traditional survey methods like total stations or DGPS to prepare detai..

Next Story
Real Estate

What Does DCPR 2034 Mean?

The Maharashtra government has eased approval norms for high-rise buildings under DCPR 2034, enabling the municipal commissioner to sanction projects up to 180 m on large plots. This change is expected to streamline approvals, reduce procedural delays and accelerate redevelopment, drawing reactions from developers, planners and industry experts about its implications for Mumbai’s vertical growth.Under the revised DCPR 2034 rules, buildings on plots of 2,000 sq m or more can now be approved up to 180 m by the municipal commissioner, provided structural and geotechnical reports are certified b..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?