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Lanco Infra weighs options in Vizhinjam port case

Our Bureau

Hyderabad, Dec. 8 The Lanco Consortium is evaluating options against a Kerala High Court order challenging the award of development of Vizhinjam International Deepwater Seaport.

The options could include filing of review petition, Lanco Infra informed BSE.

Lanco Kondapalli Power, in consortium with Lanco Infratech Ltd and Pembinaan Redzai Sdn Bhd, Malaysia (Lanco Consortium), were declared as the successful bidder by the Kerala Government for development of International Deepwater Seaport and Container Transshipment Terminal at Vizhinjam. However, Zoom Developers, one of the disqualified bidders, had filed a petition before the Kerala High Court challenging its disqualification for the bid.

While the writ petition was dismissed by a single judge, writ appeal before a Division Bench of the Kerala High Court allowed the writ directing the Government to consider Zoom bid within 15 days.

Related Stories:
Kerala Cabinet clears Lanco’s tender for Vizhinjam

More Stories on : Outlook | Courts/Legal Issues | Andhra Pradesh

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