DP World, PSA, Essar, Lanco and GVK are among the seven shortlisted entities for the US$1.4billion fourth container terminal project of Jawaharlal Nehru Port Trust (JNPT), at Navi Mumbai. This add 57 million tonne capacity to the port. The 4thT should be ready by 2014.
This is the second time the terminal has been put up for bidding. The first round of bidding was cancelled by the shipping ministry, as the bid failed to attract enough participation. One of the interested parties, Gateway Terminals India (GTI), was disqualified from participating in the first bidding process due to "security reasons".
GTI is a joint venture (JV) between APM Terminals, which operates the third container terminal of JNPT, and government-controlled Container Corporation of India. The JV did not take part in the current round of bidding. GTI had contested the disqualification decision in the Bombay High Court. After losing the case, it appealed in the Supreme Court last year. A total of nine companies participated in the bidding process. The other six qualified entities are a consortium of GVK and Samsung Corporation, Essar group, Sterlite Industries and Leighton Contractors, Mundra Port and SEZ and Adani Enterprises, Lanco Infratech, and PSA and ABG Ports. Among those who did not qualify was L&T Transco Pvt Ltd.
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