Infrastructure majors like DP World, PSA International, Sterlite Industries, Adani Enterprises and GVK have given bids for setting up a fourth container terminal at the Jawaharlal Nehru Port Trust (JNPT) near Mumbai.
The selection of a winning bid is uncertain since there is a court stricture barring the government from opening the bids … pending a decision on a case filed by the Danish-based AP Moller-Maersk Group (APM). The company had been barred from participation in the second round of bidding.
APM was disqualified in the second round due to “security reasons.”