SYDNEY, Oct 4 (Reuters) - India's Adani Group is expected to lodge a bid in the A$2 billion ($1.94 billion) privatisation of Australia's state-owned Port of Brisbane, The Australian newspaper reported on Monday.
Two other groups led by Morgan Stanley Infrastructure Fund and Global Infrastructure Partners have lodged indicative bids for the port, sources told Reuters in July.
The Australian paper in an unsourced report said it had learned that Adani was also expected to bid ahead of a deadline late this month.
Adani manages India's largest private port at the Mundra Port and Special Econonmic Zone, making it a logical owner and manager of the Port of Brisbane in Queensland state, the paper said.
It also noted Adani had already been granted the right to develop a new coal port at Dudgeon Point in north Queensland, near the existing Dalrymple Bay facilities.
In August, Adani also agreed to buy the Galilee coal project in Queensland from Australia's Linc Energy in a cash and royalty deal worth $2.7 billion.
Sources told Reuters in July one of the parties bidding for the port was a consortium of U.S.-based investment fund Global Infrastructure Partners, state government arm Queensland Investment Corp and Macquarie Capital.
Another bidding consortium included Morgan Stanley Infrastructure Partners, which teamed up with Australian pension fund UniSuper to also lodge a bid, the sources said.
The Australian paper reported a group involving New Zealand infrastructure investors HRL Morrison and New Zealand utilities investor Infratil Ltd withdrew last month.
(Reporting by Ed Davies; Editing by Sonali Paul )
((ed.davies@thomsonreuters.com; Reuters Messaging; ed.davies.reuters.com@reuters.net; tel +612 9373 1816)) ($1=1.029 Australian Dollar) Keywords: ADANI AUSTRALIA/ (If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
Two other groups led by Morgan Stanley Infrastructure Fund and Global Infrastructure Partners have lodged indicative bids for the port, sources told Reuters in July.
The Australian paper in an unsourced report said it had learned that Adani was also expected to bid ahead of a deadline late this month.
Adani manages India's largest private port at the Mundra Port and Special Econonmic Zone, making it a logical owner and manager of the Port of Brisbane in Queensland state, the paper said.
It also noted Adani had already been granted the right to develop a new coal port at Dudgeon Point in north Queensland, near the existing Dalrymple Bay facilities.
In August, Adani also agreed to buy the Galilee coal project in Queensland from Australia's Linc Energy in a cash and royalty deal worth $2.7 billion.
Sources told Reuters in July one of the parties bidding for the port was a consortium of U.S.-based investment fund Global Infrastructure Partners, state government arm Queensland Investment Corp and Macquarie Capital.
Another bidding consortium included Morgan Stanley Infrastructure Partners, which teamed up with Australian pension fund UniSuper to also lodge a bid, the sources said.
The Australian paper reported a group involving New Zealand infrastructure investors HRL Morrison and New Zealand utilities investor Infratil Ltd withdrew last month.
(Reporting by Ed Davies; Editing by Sonali Paul )
((ed.davies@thomsonreuters.com; Reuters Messaging; ed.davies.reuters.com@reuters.net; tel +612 9373 1816)) ($1=1.029 Australian Dollar) Keywords: ADANI AUSTRALIA/ (If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.