Patanjali is more likely to set 250 acre 'Food Park' Mihan complex

Patanjali is looking very keen on the project and which is why it has been a regular participator in all the three bidding rounds.
Patanjali

Patanjali has come out as a sole bidder for setting up 250 acre food park in Mihan Complex, Nagpur. This is the third time that the brand, headed by Baba Ramdev, has emerged as the sole bidder. Earlier, Maharashtra Airport Development Company (MADC) was forced to cancel all the tenders filed since the minimum participation was not achieved. And now, it seems like MADC might accept Patanjali’s proposal for opening the park.

Patanjali is looking very keen on the project and which is why it has been a regular participator in all the three bidding rounds. First, it was only Patanjali and another Mumbai-based company who joined in for the bidding round. And then, it was only Patanjali who has been constantly turning  up for bidding, unfortunately, the brand couldn’t strike gold with the deal as  conditions called for having minimum three bidders.

Earlier, the financial bids were not opened as the technical bids fell short of the required number. However, now after the third round also having failed to get more bidders, the matter is being planned to be put up before the board of directors in MADC, which is the state government agency developing the Mihan project.

People close to the development stated that now the board of directors will take a final call on this. If they agree, then the land will be allotted to Patanjali to open the food park on the amount it had mentioned in the bid.

The very idea of having a food park in Mihan began with the visit of Acharya Balkrishna visiting Nagpur earlier this year. He made a proposal to MADC about Patanjali setting up a food park in Nagpur. The venture is a part of the group's newly started fast moving consumer goods (FMCG) business. MADC instead went for open tenders as the rates offered by Patanjali were too less as compared to those fixed by MADC.

 

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