Mumbai Metropolitan Region Development Authority ( MMRDA ) on Friday informed Supreme Court it had decided to scrap the tenders for the proposed Rs 6,000 crore Mumbai Elevated Road Project and the Rs 8,000 crore Road Tunnel Project .
The matter reached SC after Larsen and Toubro challenged the decision of MMRDA to reject its technical bids for the projects. Megha Engineering and Infrastructure Ltd, which was a prominent purchaser of electoral bonds prior to these getting scrapped by SC, was declared the successful bidder.
A bench of CJI B R Gavai and Justices A G Masih and A S Chandurkar had expressed surprise over Megha emerging as successful bidder on Thursday. "It is for the Maharashtra govt to take a call on whether to invite fresh tenders for the two projects," it said and disposed of the L&T's appeal as infructuous.
The matter reached SC after Larsen and Toubro challenged the decision of MMRDA to reject its technical bids for the projects. Megha Engineering and Infrastructure Ltd, which was a prominent purchaser of electoral bonds prior to these getting scrapped by SC, was declared the successful bidder.
A bench of CJI B R Gavai and Justices A G Masih and A S Chandurkar had expressed surprise over Megha emerging as successful bidder on Thursday. "It is for the Maharashtra govt to take a call on whether to invite fresh tenders for the two projects," it said and disposed of the L&T's appeal as infructuous.
You may also like
Set to invest $15-20 billion across businesses in next 5 years: Gautam Adani
Zila Parishad Gears Up For Sant Nivruttinath Ashadhi Wari With Focus On Cleanliness, Health, And Shelter
Sir Chris Hoy's cancer crusade has helped to save more than 1,000 lives
French Open: Bopanna-Pavlasek bow out after pre-quarterfinal loss
Tata Harrier EV May Have Just “Accidentally” Revealed a Game-Changing 610+ Km Range Ahead of Launch!
