Business Standard

Lanco evaluates options for future action

Image

BS Reporter New Delhi

The Lanco Consortium is evaluating all options for future course of action, including filing of review petition against a bidder who was disqualified in the development of deepwater seaports .

Hyderabad based Lanco Kondapalli Power, in consortium with Lanco Infratech and Pembinaan Redzai Sdn. Bhd. Malaysia (Lanco Consortium) were declared as the successful bidder by the Government of Kerala (GOK) for 'Development of International Deepwater Seaport and Container Transshipment Terminal at Vizhinjam, Trivandrum, and Kerala".

One of the disqualified bidders (Zoom Developers) filed a writ petition before the High Court of Kerala, challenging its disqualification. The Writ Petition was dismissed by the court on 3 July, 2008.

Against the order of the court, the disqualified bidder filed a Writ Appeal before a Division Bench of Kerala High Court. The Division Bench on December 04, 2008 had pronounced the Judgment in the Writ Appeal declaring the "Qualification Bid" of Zoom Developers  as responsive and that the Technical and Financial proposals submitted by them are to be considered by the Government of Kerala within fifteen days.

 

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Dec 08 2008 | 1:38 PM IST

Explore News