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Our Bureau

MR K. RAGHURAMAIAH, Paradip Port Trust Chairman.

Kolkata , June 12

Paradip Port Trust (PPT) has cancelled the tender floated earlier for undertaking capital dredging for widening and deepening the navigable channel leading to the port. PPT has invited fresh bids.

"The rates quoted by international dredging firms in response to our tenders floated in December last year were too high and therefore unacceptable to us," Mr K. Raghuramaiah, Chairman, told Business Line over telephone from Paradip.

For the Rs 136-crore job, the lowest bid was Rs 235 crore, he added.

"We can understand if the margin is 10 per cent but such a huge difference is difficult to consider."

The four firms that had responded to the earlier invitation for bids were Boskalis, Dredging International, Jan de Nul, and Hyundai.

The tender was floated in December last year and the bidders submitted their bids by February.

As per the fresh tender floated a few days back, the last date for the issue of the tender paper is June 26 and the last date for submission of the tender papers is July 25.

The job involves deepening of the navigable channel of the port - around 19 m in the approach channel and a little more than 17 m in the entrance channel, sufficient to have a draft of 16 m in the proposed iron ore-cum-coal berth.

Also, the length of the channel is to be extended from two km to 10 km. An estimated 15 million cubic metres of silt has to be removed.

The estimated cost of the project is Rs 136 crore.

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