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News Thursday, 08 Jan, 2009
IL&FS emerges lowest bidder for JNPT SEZ project

Infrastructure Leasing & Financial Services has emerged as the lowest bidder for Jawaharlal Nehru Port Trust's port based special economic zone at JNPT in Thane district of Maharashtra.

Three companies including IL&FS and Ernst & Young have submitted their bids, in which IL&FS had quoted INR 7.2 million and Ernst & Young quoted INR 2.5 crore.

It may be noted that JNPT has floated a tender in December 2007 to hire a consultant to draw up a master plan for the EPZ, which will come up on 1,200 ha of land.

 
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