Adani Alleges JM Baxi Late in Deendayal Port Tender Bid
PORTS & SHIPPING

Adani Alleges JM Baxi Late in Deendayal Port Tender Bid

Adani Ports and Special Economic Zone (APSEZ) has raised objections, alleging that JM Baxi Group submitted its price bid for a cargo terminal tender at Deendayal Port Trust (DPT) one minute after the deadline. This complaint has sparked controversy over the bidding process for the terminal, which is crucial for enhancing cargo handling capabilities at the port.

The dispute revolves around the timing of JM Baxi's bid submission, with Adani Ports asserting that it arrived late by a minute, thus violating the tender's strict submission deadlines. APSEZ's objection could potentially impact the evaluation process for awarding the contract, highlighting the competitive nature and regulatory adherence in port infrastructure developments.

Deendayal Port, formerly known as Kandla Port, is a major maritime gateway on India's western coast, handling significant volumes of cargo essential for trade and commerce. The tender for the cargo terminal aims to augment the port's capacity to handle various types of cargo efficiently and sustainably.

APSEZ, a key player in India's port sector, has been actively expanding its portfolio through strategic acquisitions and infrastructure developments across the country. The allegation against JM Baxi underscores the rigorous scrutiny and compliance required in competitive bidding processes for critical infrastructure projects.

The outcome of Adani's complaint could influence the transparency and integrity of future bidding processes at Deendayal Port and other ports in India. It highlights the importance of adherence to tender timelines and fair play in fostering a competitive environment conducive to robust infrastructure development and economic growth.

Adani Ports and Special Economic Zone (APSEZ) has raised objections, alleging that JM Baxi Group submitted its price bid for a cargo terminal tender at Deendayal Port Trust (DPT) one minute after the deadline. This complaint has sparked controversy over the bidding process for the terminal, which is crucial for enhancing cargo handling capabilities at the port. The dispute revolves around the timing of JM Baxi's bid submission, with Adani Ports asserting that it arrived late by a minute, thus violating the tender's strict submission deadlines. APSEZ's objection could potentially impact the evaluation process for awarding the contract, highlighting the competitive nature and regulatory adherence in port infrastructure developments. Deendayal Port, formerly known as Kandla Port, is a major maritime gateway on India's western coast, handling significant volumes of cargo essential for trade and commerce. The tender for the cargo terminal aims to augment the port's capacity to handle various types of cargo efficiently and sustainably. APSEZ, a key player in India's port sector, has been actively expanding its portfolio through strategic acquisitions and infrastructure developments across the country. The allegation against JM Baxi underscores the rigorous scrutiny and compliance required in competitive bidding processes for critical infrastructure projects. The outcome of Adani's complaint could influence the transparency and integrity of future bidding processes at Deendayal Port and other ports in India. It highlights the importance of adherence to tender timelines and fair play in fostering a competitive environment conducive to robust infrastructure development and economic growth.

Next Story
Infrastructure Transport

Gurugram’s Key Corridor Set for Expansion

The National Highways Authority of India (NHAI) is set to develop a six-lane surface road and a flyover along the high-traffic stretch between Hero Honda Chowk and Umang Bhardwaj Chowk in Gurugram. The project, estimated at Rs 2.1 billion, aims to decongest one of the city's busiest corridors. The Gurugram Metropolitan Development Authority (GMDA), overseeing the project, has already funded utility relocations. Authorities are now finalizing cost estimates for shifting electricity, water, and sewage lines, with relocation work expected to take six months. Initially planned in 2021, the 3.2-k..

Next Story
Infrastructure Transport

Mumbai-Ahmedabad Bullet Train: Major Progress in Maharashtra

The Mumbai-Ahmedabad Bullet Train corridor is witnessing rapid infrastructure development in Maharashtra, with significant progress reported on the 135.45 km elevated section from Shilphata to Zaroli. Key Infrastructure Highlights This segment, the second-largest in the project after the 237 km stretch in Gujarat, includes: Viaducts & Bridges: 124 km of elevated structures Stations: Thane, Virar, Boisar Tunnels: 7 mountain tunnels Major River Bridges: Ulhas, Vaitarna, Jagani Steel Bridges & Crossings: 36 structures, including 12 steel bridges Construction Updates Station Work: Foundat..

Next Story
Real Estate

Omaxe Group Unveils BeTogether to Drive Urban Development

Omaxe Group has launched BeTogether, a new real estate brand focused on transforming urban infrastructure through joint ventures and public-private partnerships (PPP). The initiative aims to address infrastructure gaps, drive socio-economic growth, and create vibrant urban centers across India. The brand’s current projects involve an investment exceeding Rs 28 billion, with an estimated revenue potential of over Rs 50 billion in the next three to five years. Led by Rohtas Goel, non-executive chairman, along with Mohit Goel, MD and founder of BeTogether, and Jatin Goel, ED of Omaxe Group and..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000