Dighi Port’s bidders asked to offer more

Capt. John

The Resolution Professional (RP) for Dighi Port Ltd has asked Adani Ports and Special Economic Zone Ltd, Jawaharlal Nehru Port Trust (JNPT) and Veritas Group to improve their financial bids for the debt-laden port company, which is facing insolvency proceedings under new bankruptcy law.

Port industry sources see this as an indication that the initial financial terms offered by the three bidding groups were below expectations.

The entity winning the bid, according to the document inviting...

http://container-news.com/dighi-port-bidders-improve-offers/

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