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HomeNewsEighteen companies have qualified to bid for developing India's port at Nargol,

Eighteen companies have qualified to bid for developing India's port at Nargol,

The Gujarat Maritime Board (GMB) had
received requests for qualification from 22 players last year. The Gujarat Maritime Board wants to sign the letter of intent by July 2011. The state government’s agencies have planned a pre-bid conference on May 18 before soliciting technical and financial bids. A state government-appointed committee will assess the technical and financial abilities of the interested players. The proposed port location, which has a draught up to 16 meters, is 140km from Mumbai and 120 km from Surat. The developers are expecting to attract traffic from government-controlled Jawaharlal Nehru Port Trust in Maharashtra to Nargol, which falls on the Delhi-Mumbai Industrial Corridor.

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