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Rs 18,000 crore urea-ammonia projects: It is now a two-horse race
Dec 20: Of the three three technically qualified EPC contractors in the race for three 6,000 crore ammonia-urea plants, one is reported have baulked at the prospect of matching the quote of the L-1 bidder.
8This made the Rs 18,000 crore deal a two-horse race.
8Eventually one of the bidders have now been recommended to build two of the plants
8The L-1 bidder will build just one plant.
8The board level decision on award of contracts is expected soon.
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