Adani Group and JSW bids for Tajpur port in East Midnapore
PORTS & SHIPPING

Adani Group and JSW bids for Tajpur port in East Midnapore

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

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

Next Story
Infrastructure Transport

BLW Exports 2 Diesel Locos to Mozambique

In a boost to India’s rail exports and domestic manufacturing, Banaras Locomotive Works (BLW) has successfully delivered two of ten planned 3 300 horsepower AC AC diesel-electric locomotives to Mozambique.The contract, awarded by Mozambique Railways (CFM) to public sector undertaking RITES, entails the manufacture and supply of ten Cape Gauge (1 067 mm) locomotives by December 2025. The first two units were shipped in June.“These state-of-the-art diesel locomotives, capable of 100 km/h, have been manufactured at BLW under the global contract awarded to RITES,” a senior railway ..

Next Story
Infrastructure Urban

Lucknow Declared State’s First Zero Dump City

Lucknow has become Uttar Pradesh’s first officially certified “Zero Dump City” after all three processing lines at the Shivri solid waste treatment plant achieved full operation. The facility now handles the city’s entire daily load of roughly 2 100 metric tonnes, and has already removed two thirds of the vast legacy mound that once blighted the site.Shivri began life in 2012 but stalled under two successive contractors, allowing a waste mountain to accumulate. A Chinese operator appointed in 2017 also failed to deliver, incurring penalties of about Rs 400 million.Renewed m..

Next Story
Infrastructure Transport

Heavy Rains Delay Opening of Kusmalli Bridge

The long awaited opening of Kusmalli Bridge on the Belagavi–Goa Road via Chorla has been pushed back by several days because backfilling on the Jamboti side remains unfinished. Continuous downpours across the Jamboti–Kankumbi stretch have made it impossible to place the granular sub base (GSB) material required to complete the approach ramp.National Highways Executive Engineer Rajendra and a team of officials inspected the site on Wednesday. He confirmed that the bridge structure itself is finished, but the protective walls and ramp backfill still need attention. “If the rain eases, we..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?