Deendayal Port Authority Issues Tender For 2,000 Acre Of Land
PORTS & SHIPPING

Deendayal Port Authority Issues Tender For 2,000 Acre Of Land

State-owned Deendayal Port Authority which runs the port at Kandla in Gujarat, has called bids to allot 2,000 acres of land for setting up an integrated shipbuilding cluster on a 30-year lease on the back of announcements made in the Budget to boost the local shipbuilding industry. The bidders should have designed, executed and constructed a shipyard with so-called very large crude carrier (VLCC) class ship production capabilities to qualify for the auction. The port authority has set a provisional reserve price of Rs27,510 per acre per year. The final reserve price will be intimated to the bidders at the time of pre-bid clarification or before the opening of technical bids, the port authority wrote in the tender documents. The bidder has to offer a premium over and above the reserve price in terms of land lease rental in the auction to win the deal." The allottees will have to obtain all approvals from different authorities clearance from Gujarat Pollution Control Board, Coastal Regulatory Zone (CRZ), Environment & Forest Department, Chief Controller of Explosives, Nagpur, and other statutory clearance from various Departments as applicable under various Acts. The land will be put to tender-cum-auction per the Amended Land Policy Guidelines 2015 and subsequent clarification issued by the Ministry of Ports, Shipping and Waterways.

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

State-owned Deendayal Port Authority which runs the port at Kandla in Gujarat, has called bids to allot 2,000 acres of land for setting up an integrated shipbuilding cluster on a 30-year lease on the back of announcements made in the Budget to boost the local shipbuilding industry. The bidders should have designed, executed and constructed a shipyard with so-called very large crude carrier (VLCC) class ship production capabilities to qualify for the auction. The port authority has set a provisional reserve price of Rs27,510 per acre per year. The final reserve price will be intimated to the bidders at the time of pre-bid clarification or before the opening of technical bids, the port authority wrote in the tender documents. The bidder has to offer a premium over and above the reserve price in terms of land lease rental in the auction to win the deal. The allottees will have to obtain all approvals from different authorities clearance from Gujarat Pollution Control Board, Coastal Regulatory Zone (CRZ), Environment & Forest Department, Chief Controller of Explosives, Nagpur, and other statutory clearance from various Departments as applicable under various Acts. The land will be put to tender-cum-auction per the Amended Land Policy Guidelines 2015 and subsequent clarification issued by the Ministry of Ports, Shipping and Waterways.

Next Story
Infrastructure Urban

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Next Story
Infrastructure Transport

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Next Story
Infrastructure Transport

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement