‘No bidders’ for Haldia Dock

6 March 2013 India’s Haldia Dock II PPP project has failed to attract any interest from private bidders.
Local press has reported that the Kolkata Port Trust has not had any responses to the request for proposals, which was issued in November last year.

The authority had claimed that there was significant interest from the private sector to construct a new 163-acre twin dock near the current Haldia Dock Complex in Salukkhali, East Midnapore.

Indian-French joint venture Haldia Bulk Terminal pulled out of running the existing complex in November and it has been suggested that this has deterred other investors.

Despite the setback, a trust official told the Business Standard that the authority remains committed to delivering the new development through a PPP.

This page was last updated on:
22 May 2015.

thumb

Rocky road ahead

The UK General Election may not have produced the stability investors would have hoped for – even with a Conservative majority

thumb

Funding Netherlands

Could the Dutch PPP market be the one that never grows old, Amanda Nicholls asks the Ministry of Finance’s PPP Coordinator Erik Jan Snik

register

Register now to get un-restricted access to all sections of the website.

Want to see more first? Try our free preview...