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22 Jun 2020 11:06 AM, Tidings Priyanka Patil

MMRDA scraps bidding process for sourcing 10 rakes for Jacob Circle-Wadala-Chembur monorail project

Where 2 Chinese firms had expressed their interest

MMRDA has scrapped the bidding process for sourcing 10 rakes for the Jacob Circle-Wadala-Chembur monorail project wherein two Chinese firms had expressed their interest to supply the rakes. MMRDA said that the companies were dictating terms. The tender was worth Rs.5 billion. The development comes amid rising tensions between India and China at the Line of Actual Control.

References
1. https://economictimes.indiatimes.com/industry/transportation/railways/india-china-standoff-mmrda-cancels-tender-worth-rs-500-crore-with-2-chinese-firms/videoshow/76486423.cms