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Cochin Shipyard, Global United bid for $7-bn LNG tender

Consortium proposes to build six LNG vessels under BOT model

Aditi Divekar  |  Mumbai 

The Make In India initiative launched by the government in 2014 seems to be taking shape on the ground. Last month, state-owned Cochin Shipyard and Chennai-based Global United Shipping India proposed a joint bid under the build–operate–transfer model for six new liquefied natural gas (LNG) vessels for gas utility firm GAIL, making it the only Indian bid for the country’s biggest shipping tender. This tender worth $7 billion has already received bids from two Japanese consortia, whose date for submission of offer was March 31, 2016. While Mitsui OSK Lines-Nippon ...

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Cochin Shipyard, Global United bid for $7-bn LNG tender

Consortium proposes to build six LNG vessels under BOT model

Consortium proposes to build six LNG vessels under BOT model The Make In India initiative launched by the government in 2014 seems to be taking shape on the ground. Last month, state-owned Cochin Shipyard and Chennai-based Global United Shipping India proposed a joint bid under the build–operate–transfer model for six new liquefied natural gas (LNG) vessels for gas utility firm GAIL, making it the only Indian bid for the country’s biggest shipping tender. This tender worth $7 billion has already received bids from two Japanese consortia, whose date for submission of offer was March 31, 2016. While Mitsui OSK Lines-Nippon ... image
Business Standard
177 22

Cochin Shipyard, Global United bid for $7-bn LNG tender

Consortium proposes to build six LNG vessels under BOT model

The Make In India initiative launched by the government in 2014 seems to be taking shape on the ground. Last month, state-owned Cochin Shipyard and Chennai-based Global United Shipping India proposed a joint bid under the build–operate–transfer model for six new liquefied natural gas (LNG) vessels for gas utility firm GAIL, making it the only Indian bid for the country’s biggest shipping tender. This tender worth $7 billion has already received bids from two Japanese consortia, whose date for submission of offer was March 31, 2016. While Mitsui OSK Lines-Nippon ...

image
Business Standard
177 22