)
Ennore Port Ltd has issued a Letter of Award (LoA) Adani Ports to set up container terminal at the Port.
According to sources, Adani Ports emerged as the highest bidder to build the Rs 1270 crore container terminal, against another bidder, DP World. Third company, Singapore Port Authority did not participate in the final financial bid.
The Board has given its nod for Adani Ports proposal at the Board meeting held last week. Adani offered a revenue share of 37% beating DP World, which offered 27%.
The official said totally 11 companies have shown interest in the technical bid, however only three companies came to financial bid, earlier.
