You are here: Home >> English News & Features >> Top News

Chinese firm pulls out from sea link bid

DNMUM409623 | 3/13/2018 | Author : Mehul R Thakkar | WC :276 | Mumbai



Mumbai: A Chinese company that has bagged projects in Pakistan and having links with the China Pakistan Economic Corridor did not submit bids for the Bandra-Versova Sea Link despite being qualified.
Uncertainty over Indo-China ties and fear of not getting security clearance from the Centre might have driven it out, said sources in the Maharashtra State Road Development Corporation.
The MSRDC, which is executing the 9.5-km-long project, had quoted Rs 5,516 crore for construction of the sea link, the bids for which were opened on Monday.
Initially, five firms in joint ventures had bid for the project. While two JVs had a Chinese partner each, Reliance Infrastructure later changed its partner. Another in the fray was Chin
Read full story


Copyright restricted. Under license from www.dnasyndication.com   
Add To Lightbox
Calculate Price

More on Top News

HC slams brakes on Yadav’s plan for heritage hotel on capital plots
DNDEL21643 | 8/20/2018 12:00:00 AM | Author : DNA Correspondent | WC :250

Lucknow: A Lucknow bench of the Allahabad High Court has stayed any planned construction on the four properties in the high-security zone of Vikramditya Marg, owned respectively by Samajwadi Party chief Akhilesh Yadav, his father Mulayam Singh
Add To LightboxCalculate Price

‘No refilling ATMs past 9 pm in cities’
DNDEL21644 | 8/20/2018 12:00:00 AM | Author : DNA Correspondent | WC :398

New Delhi: A deadline of 9 pm in cities and 6 pm in rural areas for stocking cash in ATMs will be imposed from February next year. This is part of new standard operating procedures to ensure maximum safety of cash, according to a government not
Add To LightboxCalculate Price

CRPF deploys 7K addl troops to Bastar
DNDEL21645 | 8/20/2018 12:00:00 AM | Author : DNA Correspondent | WC :236

New Delhi: Nearly 7,000 CRPF troops -- serving in different states currently -- will be sent to Naxal hotbed Bastar in Chhattisgarh as part of the home ministry’s efforts to enhance the boots on the ground situation in the region. This will mea
Add To LightboxCalculate Price

Man lobs off ‘questioning’ wife’s tongue
DNDEL21646 | 8/20/2018 12:00:00 AM | Author : DNA Correspondent | WC :177

Lucknow: A 40-year-old man from Kanpur chopped off his wife’s tongue when the 32-year-old objected to his drinking habits. The accused is on the run.Shakil Ahmed -- a small-time vendor in Colonelganj -- is also a drug addict, his neighbou
Add To LightboxCalculate Price