MMRDA Scraps ₹14,000 Crore Tender After SC Rap in L&T Plea
In a significant development, the Mumbai Metropolitan Region Development Authority (MMRDA) has scrapped the tender for two major infrastructure projects worth ₹14,000 crore, citing public interest. The decision comes after the Supreme Court closed the plea filed by Larsen & Toubro (L&T) against the alleged unfair disqualification from the tender process.
L&T had filed a petition in the Supreme Court, alleging that it was unfairly disqualified from the tender process despite offering a lower bid than Hyderabad-based Megha Engineering, which won both tenders. The company had claimed that the disqualification was arbitrary and violative of the principles of natural justice.
The tender in question was for two major projects, including the construction of a 36-kilometer elevated highway and a 17-kilometer elevated road in Mumbai. The projects were estimated to be worth ₹14,000 crore and were seen as a major boost to the city’s infrastructure.
However, L&T’s bid was allegedly rejected by the MMRDA, which instead awarded the contracts to Megha Engineering. L&T had claimed that the disqualification was unfair and that it had a valid claim to the contract.
The Supreme Court, while hearing L&T’s plea, took note of the MMRDA’s decision to scrap the tender and directed the authority to conduct a fresh tender process. The court also directed the MMRDA to consider L&T’s bid and other eligible bids in the fresh tender process.
The MMRDA’s decision to scrap the tender is seen as a significant victory for L&T, which had been fighting for its rights in the Supreme Court. The company had claimed that the disqualification was arbitrary and violative of the principles of natural justice, and that it had a valid claim to the contract.
The development is also seen as a major setback for Megha Engineering, which had won both tenders and was expected to start work on the projects soon. The company had claimed that it had followed all the necessary procedures and had a valid bid, but the Supreme Court’s decision to scrap the tender has put a spanner in its works.
The MMRDA’s decision to scrap the tender is also seen as a major boost to the city’s infrastructure development. The projects were seen as a major boost to the city’s infrastructure, and the cancellation of the tender is expected to delay the projects by several months.
The development has also raised questions about the tender process and the transparency of the MMRDA. The authority has been criticized for its lack of transparency and accountability in the past, and the development is seen as a major blow to its credibility.
In a statement, the MMRDA said that it had decided to scrap the tender in the interest of public interest. The authority also said that it would conduct a fresh tender process and consider all eligible bids, including L&T’s bid.
The development is a significant one for the city’s infrastructure development, and it is expected to have a major impact on the city’s economy. The projects were seen as a major boost to the city’s infrastructure, and the cancellation of the tender is expected to delay the projects by several months.
In conclusion, the MMRDA’s decision to scrap the tender for two major infrastructure projects worth ₹14,000 crore is a significant development in the city’s infrastructure development. The decision comes after the Supreme Court closed L&T’s plea against the alleged unfair disqualification from the tender process.
The development is seen as a major victory for L&T, which had been fighting for its rights in the Supreme Court. The company had claimed that the disqualification was arbitrary and violative of the principles of natural justice, and that it had a valid claim to the contract.
The development is also seen as a major setback for Megha Engineering, which had won both tenders and was expected to start work on the projects soon. The company had claimed that it had followed all the necessary procedures and had a valid bid, but the Supreme Court’s decision to scrap the tender has put a spanner in its works.
The MMRDA’s decision to scrap the tender is also seen as a major blow to its credibility, and it has raised questions about the transparency of the tender process. The authority has been criticized for its lack of transparency and accountability in the past, and the development is seen as a major blow to its credibility.
