GVK Industries would be open to evaluating the opportunity if proposed Vizhinjam port project were to go for a re-tender. “We would be interested in a port project on the west coast of India,” Mr G.V. Sanjay Reddy, Vice-Chairman - GVK Industries, told Business Line here.

He said in this in the specific context of the State government having not ruled out the possibility of a re-tender for the Vizhinjam project. The Kerala Chief Minister, Mr Oommen Chandy, had said that the Government would ensure that a re-tender, if at all, would not delay the port and container terminal project. Earlier, a Welspun Group-led consortium, the single bidder, had agreed to bring down the grant amount by Rs 20 crore from the Rs 479 crore it had earlier sought. The consortium is reportedly willing to scale it down by another Rs 20 crore if it goes on to win the EPC (engineering, procurement and construction) contract as well.