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CCI penalises PMP Infratech, Rati Engg for rigging tender floated by GAIL

PMP Infratech fined Rs 25 lakh, Rati Engineering to pay Rs 2.5 lakh; personnel managing and controlled the two firms also penalised, cease-and-desist order passed

Photo: PTI
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Photo: PTI

BS Reporter New Delhi
The Competition Commission of India (CCI) levied a penalty on PMP Infratech and Rati Engineering for indulging in practices leading to bid rigging of a tender floated by GAIL in 2017–18. The tender was for the restoration of well sites in Ahmedabad and Anand areas of Gujarat.

“CCI found that the two firms were in regular touch with each other regarding the tender floated by GAIL and even after the submission of their bids. Further the bids of two firms were submitted from same IP address from the premises of PMP Infratech office at Ahmedabad, with a one-day gap,” an official
Topics : CCI GAIL