Adani Ports & Special Economic Zone Ltd (APSEZ) is roiling after state-owned Jawaharlal Nehru Port Authority (JNPA) disqualified it from a tender to privatise the container handling terminal, citing a key tender clause that is being reckoned as “penalizing” and “restrictive”.
It comes close on the heels after APSEZ returned a coal handling terminal to Vishakhapatnam Port Authority a few years into the 30-year contract in December 2020. The coal terminal deal of APSEZ at Vishakhapatnam Port...
https://container-news.com/apsez-faces-the-hear-of-restrictive-clause-excluded-from-port-tenders/