Adani Group and JSW bids for Tajpur port in East Midnapore

17 Feb 2022 CW Team

The parties' technical bids will be opened first as part of the two-step process. The government will then open and consider their price bids if they meet the technical requirements. Within the next two days, the secretaries committee, led by chief secretary Hari Krishna Dwivedi, will decide on how to proceed with the process.

With 13 ports and terminals on India's east and west coasts, Adani is now the country's largest private-sector port operator, accounting for 24% of the country's port capacity.

Adani is interested in establishing a strategic foothold in Bengal, and the Mamata Banerjee-led government's pet project at Tajpur fits the bill. The company has recently entered the state's maritime sector by taking over the modernisation and mechanisation of a berth at Haldia port, which is close to Tajpur. In the two months leading up to the bid, Gautam Adani and his son Karan met with Chief Minister Banerjee twice.

In comparison, JSW Group's port business, which operates India's largest private sector steel business, is still in its infancy. It has a port in Maharashtra, but it appears eager to expand its eastern footprint, particularly to support its expanding steel empire and fledgling cement business.

In March 2021, the West Bengal Industrial Development Corporation, the project's implementing agency, requested expressions of interest (EoI) from potential bidders. Later in October, request for proposal (RFPs) and request for quotes (RFQs) were issued.

The deadline for submitting bids has already been extended twice.

A corporate observer noted that going ahead with low bids was not uncommon, citing the Modi government's privatisation of Air India, which was based on two bids. In November, about 10 parties attended a pre-bid meeting for Tajpur port.

Image Source

Also read: Tata and Adani to bid for UP Power Transmission Co

The Adani Group and JSW Group have emerged as contenders for Bengal's first greenfield port in more than 50 years.The deadline for submitting technical and financial bids for the proposed port at Tajpur in East Midnapore, as well as an industrial zone associated with it, was Tuesday. The parties' technical bids will be opened first as part of the two-step process. The government will then open and consider their price bids if they meet the technical requirements. Within the next two days, the secretaries committee, led by chief secretary Hari Krishna Dwivedi, will decide on how to proceed with the process. With 13 ports and terminals on India's east and west coasts, Adani is now the country's largest private-sector port operator, accounting for 24% of the country's port capacity. Adani is interested in establishing a strategic foothold in Bengal, and the Mamata Banerjee-led government's pet project at Tajpur fits the bill. The company has recently entered the state's maritime sector by taking over the modernisation and mechanisation of a berth at Haldia port, which is close to Tajpur. In the two months leading up to the bid, Gautam Adani and his son Karan met with Chief Minister Banerjee twice. In comparison, JSW Group's port business, which operates India's largest private sector steel business, is still in its infancy. It has a port in Maharashtra, but it appears eager to expand its eastern footprint, particularly to support its expanding steel empire and fledgling cement business. In March 2021, the West Bengal Industrial Development Corporation, the project's implementing agency, requested expressions of interest (EoI) from potential bidders. Later in October, request for proposal (RFPs) and request for quotes (RFQs) were issued. The deadline for submitting bids has already been extended twice. A corporate observer noted that going ahead with low bids was not uncommon, citing the Modi government's privatisation of Air India, which was based on two bids. In November, about 10 parties attended a pre-bid meeting for Tajpur port. Image Source Also read: Tata and Adani to bid for UP Power Transmission Co

Infrastructure Urban

07 Oct 2025

Paras Defence Subsidiary Wins Rs 460 Mn Anti-Drone Order

Paras Defence and Space Technologies (PDST) saw its shares rise 1.5 per cent to Rs 701 after its subsidiary, Paras Anti-Drone Technologies, secured a defence contract from the Ministry of Defence, Government of India, valued at approximately Rs 460.19 million.The order covers the supply of Anti-Drone Systems, including Drone Jammers, marking a significant milestone for Paras Anti-Drone in India’s growing counter-UAV segment. The contract is scheduled for execution by March 2026. According to official filings, the award is from a domestic entity, not a related party transaction, and no promot..

Building Material

07 Oct 2025

Jindal Stainless Launches First Stainless Steel Fabrication Unit in Mumbai

Jindal Stainless, India’s largest stainless steel manufacturer, through its subsidiary Jindal Stainless Steelway (JSSL), has inaugurated its first stainless steel fabrication unit at Washivali, Patalganga, Mumbai. The 4 lakh sq ft facility is designed to serve the bridge sector, fabricating critical components such as girders, arches, nuts, bolts, and handles. The unit was inaugurated by CEO & CFO Tarun Khulbe in the presence of senior leadership.Developed with an initial investment of Rs 1.25 billion, the facility strengthens Jindal Stainless’ position as a provider of end-to-end fabr..

Infrastructure Energy

07 Oct 2025

Hero Future Energies Secures Rs 19.08 Bn for 120 MW Hybrid Project

Hero Future Energies (HFE), through its SPV Clean Renewable Energy Hybrid Three, has secured Rs 19,080 million in funding from State Bank of India (lead) and Canara Bank for the development of its 120 MW renewable energy (RE) hybrid project in Kurnool, Andhra Pradesh.The project, contracted with SJVN, integrates wind, solar, and storage technologies to provide reliable peak power. The funding, structured with a 21-year repayment tenure, will support timely project execution and the commencement of commercial operations.This financial closure underscores the banking community’s confidence in ..