December 04, 2008

Karnataka receives initial bids for Karwar deep sea port

It is reported that government of Karnataka has received initial bids from various private companies for developing and operating a deep sea port at Karwar in Karnataka, with an investment of INR 1,000 crore.

The companies who submitted their bids include:
1) IL&FS
2) GVPREL
3) Sical Logistics
4) Navyug Engineering Co
5) ABG Heavy Industries
6) Gujarat-based Adani Group
7) JSW Infrastructure & Logistics
8) Gammon Infrastructure Projects
9) IMC has teamed up with ITD Cementation India
10) Maytas Infra with Nagarjuna Construction Co
11) Sical Logistics, teamed up with Subhash Projects & Marketing
12) IL&FS, Hill Co, Punj Lloyd and IVRCL Infrastructure & Projects Ltd
13) Anant Transport in partnership with the Port of Rotterdam
14) Future Metals along with Jurong Infrastructure India
15) North Canara Seaports
16) HIP& Engineering with Westports Malaysia Sdn Bhd

The Karnataka government's department of ports and inland water transport is currently evaluating the bids to shortlist the companies that meet its eligibility criteria for the project. Only short listed bidders will be allowed to submit a financial bid and the 30 year project will be awarded to the bidder quoting the highest percentage of revenue to be shared with the state government.