Article: India : Govt scraps auction for Rs600 cr container terminal at JN Port.

Jawaharlal Nehru Port Trust (JNPT), which operates India s busiest container port, will scrap an auction for a contract to develop a new Rs600 crore container terminal after poor response from bidders and court cases delayed the process initiated last year.

Trade gateway: A file photo of the Jawaharlal Nehru Port, which is India s busiest container port. Ashesh Shah / Mint We have received a letter from the Union shipping ministry indicating that the tender should be scrapped, a port executive said. We will communicate the scrapping of the tender to the shortlisted bidders in the next few days.

The executive said JNPT would consider a fresh tender. He did ...

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