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Reputation: 642,713  •  Sep 19, 2023 4:51 AM
SC upholds BHEL's decision to award Rs 400-cr tender to BTL
SC upholds BHEL's decision to award Rs 400-cr tender to BTL
The Supreme Court has upheld Bharat Heavy Electricals Ltd's decision to award a Rs 400-crore tender to BTL EPC Ltd for setting up an ash handling plant. The court set aside a Karnataka High Court's order that had quashed the tender, stating that substantial work had already been done on the project. The High Court had quashed the tender due to concerns over national security, as BTL EPC had a consortium agreement with Chinese company Fujian Longking Co. The Supreme Court rejected the argument, stating that BHEL had determined the eligibility and found no breach.
The Economic Times

https://economictimes.indiatimes.com/industry/indl-goods/...
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