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PrintParadip port in Orissa has sought fresh bids for building an iron ore loading facility and a multipurpose berth with private funds after the earlier winners of these contracts walked out citing delays in getting forest clearance had rendered the projects unviable.
Bidders have until 31 August to submit qualification documents, the Union government-controlled harbour said.
A consortium led by Singapore-listed commodity trader Noble Group Ltd exited a project to set up an iron ore loading berth at Paradip port after cost escalation due to delay in getting environmental nod and tight regulations being imposed on mining by the state government hurt its viability, at least two people familiar with the development said.
Orissa is India’s biggest producer of the key raw material used for making steel.
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