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BOT projects laden with uncertainty, leakages: IVRCL Infra

In an interview with CNBC-TV18, Sudhir Reddy, CMD of IVRCL Infrastructure spoke about latest hapennings in his company and the infrastructure sector.

April 11, 2011 / 19:45 IST
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In an interview with CNBC-TV18, Sudhir Reddy, CMD of IVRCL Infrastructure spoke about latest happenings in his company and the infrastructure sector.

Below is the verbatim transcript of Reddy's interview with Udayan Mukherjee and Mitali Mukherjee of CNBC-TV18. Also watch the accompanying video.

Q: We had one company from your sector talking about a lot of visibility from NHAI over the next few weeks what is your pick up from the ground?

A: Yes, there are projects which are available and bidding will take place. But new players have stepped in and they have their own ways of evaluating a project. We are okay with projects what we have.

We hope to bag some more jobs only after six weeks or so. But, in the next interim period we find competition is bidding, I cannot use the word aggressively it

first published: Apr 11, 2011 12:04 pm

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