ABG-LDA & IL&FS consortium set to bag Vizag port fertiliser handling facility

A consortium of ABG-LDA Bulk Handling Pvt. Ltd and IL&FS Maritime Infrastructure Co. Ltd is set to win the rights to develop and operate mechanized fertilizer loading facilities at Visakhapatnam port in Andhra Pradesh.

The Rs.250 crore, 5.2-million tonne-capacity-a- year project involves installing mechanized loading facilities along with bagging and dispatch facilities for fertilizers at an existing berth in the Union government-owned Vizag port.

The ABG-LDA Bulk Handling-IL&FS Maritime was the only group to submit a price bid for the 30-year contract from a shortlist of four when the deadline ended on 30 January.

The other three pre-qualified bidders were GVK Power and Infrastructure Ltd, Vadinar Oil Terminal Ltd and Gangavaram Port Ltd, dropped out without submitting price bids.