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Mumbai Offshore Container Terminal: Two bids received

Saturday, 11 Nov 2006
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Mumbai Port Trust has ended up with just two bids for the Rs.1,200 crore offshore container terminal project. The port had shortlisted 11 players for the purpose out of which only two bidders -- consortia led by Larsen & Toubro and Gammon India -- submitted bids.

There was a two year delay in the bidding process as deadline was deferred at least 15 times over the security clearance delay for L&T's former partner, Hutchison Ports Holding (HPH). L&T later roped in Philippines port major International Container Terminal Services Inc (ICTSI).

While L&T is bidding along with ICTSI, Gammon India has tied up with Italian company Dragados SPL and Gammon Infrastructure Project.

Also See:

Extension No.14 for MbPT offshore terminal (15-Sep-06)

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