Adani, PSA, JSW Infra Attend Pre-Bid Meet
PORTS & SHIPPING

Adani, PSA, JSW Infra Attend Pre-Bid Meet

Adani Group, PSA International, JSW Infrastructure, and J.M. Baxi Group recently participated in a pre-bid meeting for the Outer Harbour Box Terminal Project at V.O. Chidambaranar Port Trust (VOC Port) in Tuticorin, Tamil Nadu. The meeting aimed to provide insights and address queries from potential bidders interested in the development of this significant maritime infrastructure project.

The Outer Harbour Box Terminal Project is a crucial endeavour that aims to enhance the port's capacity to handle container cargo efficiently. With growing trade volumes and the need for modern infrastructure, the project has garnered attention from prominent players in the maritime and logistics sectors. Adani Group, a key player in port infrastructure development, is keen on leveraging its expertise to contribute to the expansion of VOC Port.

PSA International, a global port operator with a strong presence in India, brings its extensive experience and technological capabilities to the table. By participating in the pre-bid meeting, PSA reaffirms its commitment to supporting the development of world-class port facilities in the country. The involvement of JSW Infrastructure underscores the interest of diversified conglomerates in the maritime sector, highlighting the potential for collaboration between industry giants to drive port development projects forward.

J.M. Baxi Group, a leading logistics service provider, also participated in the meeting, indicating its interest in leveraging its expertise in port operations and cargo handling for the Outer Harbour Box Terminal Project. The presence of these key players signifies the strategic importance of the project for enhancing port capacity, improving trade efficiency, and facilitating economic growth in the region.

The Outer Harbour Box Terminal Project is expected to play a crucial role in boosting container handling capacity at VOC Port, thereby supporting the growing demand for maritime trade in India. With participation from industry leaders and stakeholders, the project is poised to set new benchmarks in port infrastructure development and contribute significantly to the country's maritime sector's growth trajectory.

Adani Group, PSA International, JSW Infrastructure, and J.M. Baxi Group recently participated in a pre-bid meeting for the Outer Harbour Box Terminal Project at V.O. Chidambaranar Port Trust (VOC Port) in Tuticorin, Tamil Nadu. The meeting aimed to provide insights and address queries from potential bidders interested in the development of this significant maritime infrastructure project. The Outer Harbour Box Terminal Project is a crucial endeavour that aims to enhance the port's capacity to handle container cargo efficiently. With growing trade volumes and the need for modern infrastructure, the project has garnered attention from prominent players in the maritime and logistics sectors. Adani Group, a key player in port infrastructure development, is keen on leveraging its expertise to contribute to the expansion of VOC Port. PSA International, a global port operator with a strong presence in India, brings its extensive experience and technological capabilities to the table. By participating in the pre-bid meeting, PSA reaffirms its commitment to supporting the development of world-class port facilities in the country. The involvement of JSW Infrastructure underscores the interest of diversified conglomerates in the maritime sector, highlighting the potential for collaboration between industry giants to drive port development projects forward. J.M. Baxi Group, a leading logistics service provider, also participated in the meeting, indicating its interest in leveraging its expertise in port operations and cargo handling for the Outer Harbour Box Terminal Project. The presence of these key players signifies the strategic importance of the project for enhancing port capacity, improving trade efficiency, and facilitating economic growth in the region. The Outer Harbour Box Terminal Project is expected to play a crucial role in boosting container handling capacity at VOC Port, thereby supporting the growing demand for maritime trade in India. With participation from industry leaders and stakeholders, the project is poised to set new benchmarks in port infrastructure development and contribute significantly to the country's maritime sector's growth trajectory.

Next Story
Infrastructure Energy

Digital Economy, Renewable Energy to Boost Job Creation: Economic Survey

The Economic Survey 2024-25, presented by Union Finance Minister Nirmala Sitharaman, indicates substantial improvement in India’s labour market, driven by strong post-pandemic recovery and formalisation of the workforce. Key findings include a significant drop in the unemployment rate from 6 per cent in 2017-18 to 3.2 per cent in 2023-24. Additionally, there has been notable growth in female labour force participation, which increased from 23.3 per cent in 2017-18 to 41.7 per cent in 2023-24.Other highlights include:Over 30.51 crore unorganised workers registered on the eShram portal, suppor..

Next Story
Real Estate

Aditya Birla Housing Finance Secures Rs 8.3 Billion from IFC

Aditya Birla Housing Finance Ltd. (ABHFL), a subsidiary of Aditya Birla Capital, has raised Rs 8.3 billion through non-convertible debentures (NCDs) from the International Finance Corporation (IFC). The company stated that the funds will be used to provide housing loans to low- and middle-income groups (LIG and MIG), with a special focus on promoting homeownership among women. Additionally, a portion of the investment will support MSMEs, particularly women-led enterprises, to drive economic growth. The initiative aims to strengthen financial inclusion and uplift underserved communities in the ..

Next Story
Infrastructure Energy

Bihar to Bid Out 2,400 MW Power Plant by March

The Bihar government plans to auction the proposed 2,400 MW coal-based power plant at Pirpainti by March 2025. Part of the state's FY25 budget initiatives, the project is valued at Rs 214 billion, covering multiple power sector developments. Coal for the plant is expected to come from Eastern Coalfields, with fuel and location already determined to streamline the bidding process. Discussions are underway to finalise coal supply under the SHAKTI scheme, with a resolution expected by February. The Central government has also pledged support for fast-tracking environmental clearances to facilit..

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