亚博体育官网首页

SC allows Adani Ports to withdraw plea against order backing JNPT
PORTS & SHIPPING

SC allows Adani Ports to withdraw plea against order backing JNPT

The Supreme Court on Monday permitted Adani Ports & Special Economic Zone to withdraw its suit contesting the high court's ruling upholding the JNPT's disqualification of its bid for upgrading a container port in Navi Mumbai.

While allowing the withdrawal, the division bench of Justice MR Shah and Justice Krishna Murari noted that Adani Ports & SEZ would have no claim in the current JNPT bidding process.

The court did note, however, that Adani Ports' disqualification in its bid for Visakhapatnam Port (VPL) will 'not be used as a cause for disqualification in future tenders.' Adani Ports & SEZ will be able to participate in all future tenders as a result of this.

Also Read:
Indian exports to China dip by a third
114 year-old Indian Ports Act to be amended

The Supreme Court on Monday permitted Adani Ports & Special Economic Zone to withdraw its suit contesting the high court's ruling upholding the JNPT's disqualification of its bid for upgrading a container port in Navi Mumbai. While allowing the withdrawal, the division bench of Justice MR Shah and Justice Krishna Murari noted that Adani Ports & SEZ would have no claim in the current JNPT bidding process. The court did note, however, that Adani Ports' disqualification in its bid for Visakhapatnam Port (VPL) will 'not be used as a cause for disqualification in future tenders.' Adani Ports & SEZ will be able to participate in all future tenders as a result of this. Also Read: Indian exports to China dip by a third 114 year-old Indian Ports Act to be amended

Next Story
Real Estate

Kolkata鈥檚 luxury housing market sees price growth amid mixed trends

A new study by Nklusive reveals that Kolkata鈥檚 luxury residential market (Rs 5鈥�10 crore) recorded a 33 per cent year-on-year rise in supply and a 52 per cent increase in sales in calendar year 2024 (CY24). South Kolkata led with 78 per cent of the segment鈥檚 supply. The average price rose by 6 per cent鈥攆rom Rs 17,519 to Rs 18,600 per sq ft鈥攚hile unsold inventory grew by 15 per cent. Monthly absorption improved from 2 to 3 units.In contrast, the ultra-luxury segment (Rs 10 crore and above) experienced a 17 per cent decline in supply and a 30 per cent fall in sales. Central Kolkata acco..

Next Story
Infrastructure Transport

New Expressway to Cut Pune-Bengaluru Travel Time by Half

The upcoming Pune-Bengaluru Expressway is expected to significantly improve connectivity and economic opportunities across Maharashtra and Karnataka. This 700-kilometre greenfield, access-controlled highway will cut the travel time between Pune and Bengaluru from 15 hours to just 7 hours, facilitating easier movement for both commuters and businesses. Starting from Bommanal in Karnataka鈥檚 Athani Taluk, the expressway will traverse important districts such as Belagavi, Bagalkot, and Jamakhandi. It will then enter Maharashtra at Kanjle, connect with the proposed Pune Ring Road, and pass throug..

Next Story
Infrastructure Transport

Nagpur鈥檚 Koradi Naka to Get Y-Shaped Flyover for Safer, Smoother Traffic

To alleviate traffic congestion and enhance safety at Koradi Naka in Nagpur, a Y-shaped flyover is currently being constructed on National Highway 47. Demolition work has already commenced, with the main construction scheduled to start on June 20, 2025.The project, costing Rs 430.37 billion, involves building a 1,090-meter-long flyover that will connect Farsa, the Mahadula Railway Overbridge (ROB), and Bokhara Road, and will also feature an underpass. The existing structure will be repurposed into a service road to facilitate local traffic.Koradi Naka has been identified as a significant "blac..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement