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Reliance Energy relieved, SC stays bidding for expressway

Published on Mon, Jun 25, 2007 at 20:17 |  Source : Moneycontrol.com

Updated at Mon, Jun 25, 2007 at 20:57  

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Reliance Energy relieved, SC stays bidding for expressway

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Reliance Infra

BSE | NSE 25/05/12

In a relief to Anil Ambani-led Reliance Energy , the Supreme Court today extended the stay on the bidding process for the country's longest sea link expressway connecting the east coast of Mumbai with the mainland, reports CNBC-TV18.

 

The stay restrains the Maharashtra State Road Development Corporation , or MSRDC , from opening bids for the Rs 2,600 crore project. Reliance was disqualified by MSRDC on financial criteria.

  

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