SC provides relief to Adani Ports in connection with bidding process

Sector experts feel the court has cleared the air on an issue which saw multiple stands from high courts across the country

The Supreme Court on Monday said Adani Ports and Special Economic Zones (APSEZ) could participate in tenders floated by “public bodies”, providing relief to India’s largest port developer and operator, which has been facing multiple disqualifications from state-owned port projects against the backdrop of the case.

A Bench of Justices M R Shah and Krishna Murari said an Andhra Pradesh High Court order that upheld the termination of an agreement between the private company and the Visakhapatnam Port Trust (VPT) would not deter Adani Ports from participating in future public bids.

APSEZ was disqualified from bidding for upgrading the Jawaharlal Nehru Port