The contracts of two out of the four contractors who were selected for the construction of a new bridge parallel to Mahatma Gandhi Setu have been cancelled as they had Chinese partners, said Bihar Minister Nand Kishore Yadav.
The contractors were asked to change their partners before the cancellation of the contracts, but they couldn't.
"Seven contractors had applied out of which three were disqualified and out of the remaining four, two had Chinese companies as partners, so we asked them to change their partners but they couldn't, so we cancelled their tender. We have called for applications again on June 27, for which the last date is July 29," said Nand Kishore Yadav.
"It is an important bridge, and if the participation of foreign countries increases, it can be harmful. This decision was made after a lot of thinking and that's why we have retendered," he added.
To read the full story, Subscribe Now at just Rs 249 a month
Already a subscriber? Log in
Subscribe To BS Premium
₹249
Renews automatically
₹1699₹1999
Opt for auto renewal and save Rs. 300 Renews automatically
₹1999
What you get on BS Premium?
- Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
- Pick your 5 favourite companies, get a daily email with all news updates on them.
- Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
- Preferential invites to Business Standard events.
- Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
Need More Information - write to us at assist@bsmail.in