A entrance runner has emerged for a sizeable offshore contract from India’s Oil & Pure Fuel Company (ONGC) masking the additional growth of its flagship Mumbai Excessive subject off the nation’s west coast — after the bidder’s key rival within the tender was disqualified.
ONGC opened only one bid for the engineering, procurement, development and set up tender for the fifth growth section of Mumbai Excessive, in accordance with two individuals with direct information of the method.
Indian engineering large Larsen & Toubro (L&T) emerged as the one certified bidder and quoted a value of $577 million, one particular person famous, with ONGC disqualifying the bid from a grouping of India’s Carlton Industrial Engineers, Indonesia’s PT Gunanusa and Nigeria’s Westfield Vitality.
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