The Supreme Court has said it will hear Tehri Hydro Development Corporation's allegation of cartelisation by French and German multinationals in a tender matter along with other appeals, before passing any ruling.
Tehri Hydro has challenged the Uttarakhand High Court's decision that asked it to go for rebidding for its pump storage plant project for lack of clarity in the tender.
Alstom Hydro France and Germany-based Voith Siemens Hydro Kraftwerkstechnik Gmbh Co had qualified in the pre-bid stage. The German company's bid was found to be the lowest.
A Bench headed by Justice V S Sirpurkar refused to stay the rebidding and posted the matter for final hearing along with Voith's appeal, which is pending before the Division Bench of the High Court, on August 10.
Voith has also challenged the High Court judgment that directed rebidding.
Tehri Hydro had in August 2007 had invited bids for the turn-key execution of the Tehri pump storage project. After Voith was found to be the lowest bidder, Alstom had moved the High Court pointing out various anomalies.
Attorney General G E Vahanvati and lawyer Pratap Venugopal, appearing for Tehri, while contending that rebidding would delay the project by another six months, said that the two multinationals would get together and submit inflated bids.
