IL&FS set to become consultant for JNPT's EPZ/SEZ
Jawaharlal Nehru Port Trust (JNPT) said IL&FS has emerged as the lowest bidder to guide through the process of setting up a port-based Special Economic Zone (SEZ) or export processing zone (EPZ).
By PTI |
MUMBAI: Jawaharlal Nehru Port Trust (JNPT) said IL&FS has emerged as the lowest bidder to guide through the process of setting up a port-based Special Economic Zone (SEZ) or export processing zone (EPZ) on 1,200 hectares of land at the port.
"Three companies had submitted their bids to become consultants for JNPT's EPZ. IL&FS has quoted the lowest. So in the next board meeting, IL&FS's bid will be cleared," a top JNPT offfical said.
Jawaharlal Nehru Port handles about 60 pc of the country's container cargo.
The major players who submitted the bids are IL&FS and Ernst & Young. IL&FS has quoted Rs 72 lakh and Ernst & Young quoted Rs 2.5 crore, the official said.
IL&FS (Infrastructure Leasing and Financial Services) is a infrastructure development and finance company. It is promoted by Central Bank of India, HDFC and UTI.
The port in December 2007 floated a tender to hire a consultant to draw up a master plan for the EPZ keeping in view a synergy with port operations.
Jawaharlal Nehru Port, which started commercial operations in 1989, had acquired 2,500 hectare of land for its long-term requirements. Out of this 1,300 hectare have been utilised so far for port-related activities.
The port is designed to handle 50 million tonnes of cargo a year and handle upto 4 million TEUs.
In March, JNPT board cleared the key fourth container terminal project that would double its capacity to 8 mn TEUs.
"Three companies had submitted their bids to become consultants for JNPT's EPZ. IL&FS has quoted the lowest. So in the next board meeting, IL&FS's bid will be cleared," a top JNPT offfical said.
Jawaharlal Nehru Port handles about 60 pc of the country's container cargo.
The major players who submitted the bids are IL&FS and Ernst & Young. IL&FS has quoted Rs 72 lakh and Ernst & Young quoted Rs 2.5 crore, the official said.
IL&FS (Infrastructure Leasing and Financial Services) is a infrastructure development and finance company. It is promoted by Central Bank of India, HDFC and UTI.
The port in December 2007 floated a tender to hire a consultant to draw up a master plan for the EPZ keeping in view a synergy with port operations.
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Jawaharlal Nehru Port, which started commercial operations in 1989, had acquired 2,500 hectare of land for its long-term requirements. Out of this 1,300 hectare have been utilised so far for port-related activities.
The port is designed to handle 50 million tonnes of cargo a year and handle upto 4 million TEUs.
In March, JNPT board cleared the key fourth container terminal project that would double its capacity to 8 mn TEUs.
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