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JNPA draws up qualification norms for dredging, offshore reclamation and shore protection works for Vadhvan Port

December 02, 2024 2 min read
author Anamika Mishra, Sub Editor
The Jawaharlal Nehru Port Authority (JNPA) has set out the eligibility parameters for bidders for dredging, offshore reclamation, and shore protection works for the Vadhvan Port project, which is pegged at a cost of Rs 20,647 crore. These parameters are Rs 15,113.60 crore as technical capability and experience in port and core sectors for a period of ten years. A minimum of 25% of the past experience must be attributed to PPP projects in the port sector or construction projects in the core sector. Bidder is expected to have a net worth of Rs. 2,267.04 crores and meets certain credit ratings requirements. In case, consortium,both financial and technical capacities of its members, having at least 26 % equity in the

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