Tag: Concession Agreement

Post
New tariff norms may apply if JNPT calls fresh bidding

New tariff norms may apply if JNPT calls fresh bidding

The new port tariff norms, introduced by the shipping ministry, would be applicable to the 330-metre container berth project at the Jawaharlal Nehru Port Trust (JNPT) if the award of contract were to be cancelled for any reason and bids re-invited for the same project next fiscal. DP World emerged the successful bidder for the proje

Post
JNPT to upgrade port connectivity infrastructure

JNPT to upgrade port connectivity infrastructure

In order to make its proposed fourth container terminal project more attractive to bidders, Jawaharlal Nehru Port Trust (JNPT) plans to boost connectivity infrastructure at the port. The port authority plans to upgrade its approach roads and rail connectivity to make the project more attractive to the private operators

Post
Cost of proposed berth project set to escalate

Cost of proposed berth project set to escalate

Reports suggest that the cost of the proposed 330-metre container terminal berth project at Jawaharlal Nehru Port may exceed the original estimate of Rs 600 crore by Rs 300 crore. The berth will have the capacity to handle eight lakh Twenty Foot Equivalent Unit (TEU) per annum, which could be augmented to one million TEU, with better equipment and

Post
Odisha govt received less guarantee from port developers

Odisha govt received less guarantee from port developers

According to a report by the Comptroller & Auditor General (CAG), the Odisha government received less performance guarantee from minor port developers than that prescribed by the model concession agreement. For example, the developer of Astaranga port agreed to pay only 1 per cent performance guarantee as agai

Post
ABG, PSA may bid for JNPT project

ABG, PSA may bid for JNPT project

Union Minister for Shipping GK Vasan informed that the PSA International, and the ABG Group would be allowed to bid at the fresh tender for the proposed fourth container terminal project at Jawaharlal Nehru Port Trust (JNPT) as long as they are not blacklisted. The contract given to the above two firms for cons

Post
GMR bags first mega highway project

GMR bags first mega highway project

GMR Group has emerged as the selected bidder through international competitive bidding for six laning of 555-km long Kishangarh-Udaipur-Ahme­dabad highway, the first brownfield mega highway project of the country.

Post
GVK arm bags highway project in MP

GVK arm bags highway project in MP

GVK Power and Infrastructure Ltd has announced that GVK Transportation Pvt Ltd, a wholly owned subsidiary, has been chosen through an international competitive bidding process to take up the four-laning of Shivpuri-Dewas section of National Highway No 3 in Madhya Pradesh.

  • 1
  • 2