Paradip Port Invites Bid for Plot Auction

Paradip Port, has invited applications from interested and eligible firms for allotment of 10 no. of mechanical iron ore plots of 5,000 square meter for exports which are located at iron ore handling plant. Period of allotment will be for 11 months.

As per market  sources, Paradip Port does plot auction every year. Last year auction rent went to 0.06 bn pa for 5000 sq meter with only 1-2 bidders, among which Rungta mines was the major bidder. Majority of participants canceled their agreements. If the port reduced auction price looking at the current scenario, participation may increase in this auction.

The interested bidder or participants should posses a valid export/import license to participate in the above mentioned tender for allotment of 10 no. of mechanical iron
ore plots for convergence and export of iron ore through on-line bidding system.

Eligibility criteria:

  1. Bidder should posses a valid export/import licence issued by Director General of Foreign trade under Ministry of Commerce & industry, Govt. Of India.
  2. Firms, who have exported or imported through Paradip Port or existing plot holders has to submit the no dues certificate beforehand from the competent authority i.e.Traffic Manager and Sr. Asst. Estate Manager, Paradip Port.

Last date of bid submission will be 04 Nov’15 at 17:45 hrs and technical bids will open on 07 Nov’15 at 11. 00 hrs.


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