India: M/s PSA Investments Bags Jawaharlal Nehru Port Deal

M/s PSA Investments Pvt. Ltd. has won a contract for development of 4th Container Terminal at Jawaharlal Nehru Port, with a quay length of 2000 m.

The estimated project cost for development of this terminal on design, build, finance, operate and transfer (DBFOT) basis is Rs.7915.

At yesterday’s meeting of the Board of Trustees of JNPT, officials cleared the proposal and decided to issue the “Letter of Award” for development of this container terminal, with a capacity of 4.8 million TEUs per annum.

A global tender notice was issued in June last year and in response eight bidders submitted their Request for Qualification (RFQ). RFP was issued to seven qualified bidders in December 2013.

Two bidders, viz. M/s PSA Bharat Investments Pvt. Ltd. and M/s Adani Port & SEZ Limited in consortium with Terminal Investments Ltd., SA, had submitted their price bids last Thursday. M/s PSA Investments Pvt. Ltd. was the highest bidder, which had quoted the highest percentage of revenue share of 35.79%. This was approved, and accordingly the LOA, issued to the party.

As per the terms of the LOA, the party should sign the Concession Agreement within 30 days from the date of issue of the LOA.

Press Release, February 27, 2014

Share this article

Follow Dredging Today

Events>

<< Nov 2019 >>
MTWTFSS
28 29 30 31 1 2 3
4 5 6 7 8 9 10
11 12 13 14 15 16 17
18 19 20 21 22 23 24
25 26 27 28 29 30 1

3rd International Congress Hydraulic Engineering Structures and Dredging

Russia’s leading maritime industry Media Group PortNews (www.portnews.ru) holds a traditional annual Congress “Hydraulic Engineering Structures and Dredging” in Moscow. 

The two-day Congress includes the 7th International Forum of Dredging Companies and the 3rd Technical Conference “Modern Solutions for Hydraulic Engineering”.

Infrastructure development is among the real sources of Russia’s economy growth. Construction of port facilities and new hydraulic engineering structures on the country’s inland waterways constitute an essential part of all infrastructure projects. It is important to take into account the best international practices to implement these projects effectively.

The program of the Congress will be devoted to the latest technologies for dredging and hydraulic engineering works. Speakers and delegates will refer to real projects to discuss specifics features of dredging works, as well as dedicated fleet and equipment involved.

To learn more about event, please, contact the organizing committee: snitko@portnews.ru

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of DredgingToday.com, you'll reach countless professionals in the sector. For more information, click below....

apply

Dredging jobs in Abu Dhabi at NMDC

National Marine Dredging Company “NMDC” aims to be the largest dredging player in the Arab’s Gulf region...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of DredgingToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply