Saturday 27 November 2010

GOVERNMENT ISSUES LETTER OF INTENT TO ARIHANT SHIP BREAKERS

PANJIM: The government on Saturday issued letter of intent to M/s Arihant Ship Breakers, the Mumbai-based firm which successfully bid the tender for cutting and removing the River Princess.
The letter of intent was sent by the director of tourism, Mr Swapnil Naik, through e-mail and also through post. With the issue of letter of intent the government has set in motion the process of the removal of the ship that has been lying grounded at Candolim for over 10 years.
The tourism director also informed that he has awarded the work of the evaluation of the value of scrap of the vessel to another Mumbai-based evaluating firm, M/s Uday Bogte and Associates. The firm was the lowest bidder.
Soon after receiving the response from the management of M/s Arihant and the receipt of report as regards to the value of the scrap of the ship, the government would move ahead to sign a formal contract. (NT)

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