Friday, February 22, 2008

West Bengal to start bidding process

The West Bengal government is all set to prepare a document for the interested developers to directly bid for its upcoming deep-sea port project. "At a meeting with Prime Minister's Principal Secretary TK Nair, we have decided that the state government can now do the bidding process directly involving the developers in the deep-sea port project," West Bengal Commerce and Industry Secretary Sabyasachi Sen told.

He said that the state would gain at least 2-3 years in getting the deep-sea port ready. "We are interested in getting this deep-sea port in our state as early as possible. The procedure of appointing a consultancy firm by the central government has already been delayed and if we still wait for the same it will be too late for us," he said.

Sen said that companies like Sajjan Jindal's JSW Steel and V.G. Dhoot's Videocon have already shown interest in the project. "We are in hurry because the proposed chemical hub - Prafulla Chandra Roy Chemical Complex (PCRCC) - at the Nayachar islands in the state is on the cards. The port would facilitate the chemical hub immensely," Sen said.

Earlier, the state government had approached the committee, which was formed by the central government, for the deep-sea port to skip the process of appointing consultants for the project and to allow the state to directly invite bids from investors and developers.

A tender was also floated for consultants but no one responded to that. Though many consultancy firms picked up papers for expression of interest (EoI), final bids were not submitted, as the companies were not satisfied with the terms of reference. The West Bengal government then approached the committee to entrust the state with the entire process of inviting bids and selection of developers.

Sen said Chief Minister Buddhadeb Bhattacharya met Prime Minister Manmohan Singh in Delhi Feb 6 and discussed the project. "While preparing the bidding document, we would consider all aspects ranging from the minimum number of terminals to be constructed to the total capacity for carrying bulk cargos from the port," Sen said. This is an interesting development in the West Bengal sea project. I would like to know more about which companies are going to bid for the project and who wins it in the end. I will follow it on NDTV 24x7 through my DirecTV connection.

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