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

06 Feb 2025 CW Team

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.

Real Estate

05 Sep 2025

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