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Adani Group may end its long wait for a port facility in the north coastal region of Andhra Pradesh if it emerges successful in a competitive bid next month. The state government has set June 30, 2016 as deadline for submitting bids for the selection of developer for the green-field Bhavanapadu Port project in Srikakulam district.
In December, 2015 the government had short-listed three firms to bid for the project. Along with Adani, the home-grown port operators — Gangavarm Port Limited and Navayuga of CVR group which runs the Krishnapatnam Port — are the chosen trio, all with a strong back-ground in running the port operations.
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