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The company floated a revised tender in March for the facility, which is to come up in Panipat, after the first one was quashed over allegations that the norms were tailored for a joint venture that included IOCL
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Shares of RVNL closed at Rs 125.25, down 6.77 per cent over the previous close of the BSE. The government currently holds a 78.20 per cent stake in RVNL.
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It is, however, not yet certain if India's bid will materialise as World Athletics has recently told Sumariwalla that Peru may still come back to host the event in Lima.
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Adani was among the possible bidders reviewing preliminary information on the Mumbai-listed company, Bloomberg News reported in January.
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The fund has ruled itself out of a full takeover of the club, but has offered to provide the financing for a bid, the report added.
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The Centre has also disallowed reverse bidding for such projects in the future. A formal procedure has been put in place to pool all the bids to ensure that capacity addition is done across all eight windy states in the country
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So far, in all instances of CPSE privatisation, the government would seek details regarding security clearance of the bidders at the second stage of the bidding process.
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This is a good beginning to infuse quality and move away from the default lowest-bidder-wins (L1) method. A lot, however, will depend on the design of the QCBS method for specific projects and the way the weights are assigned and appraised
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Sports experts and analysts agree on how the franchisee owners want to pay only for talent when they are bidding for a player and not just a big name
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Given how the government has lined up several OFS in the coming months, it will be in the interest of the retail investor to know just how he can benefit.
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The City and Industrial Development Corporation of Maharashtra (CIDCO), is positive that more firms will participate in the bid for the development of its ambitious Navi Mumbai International Airport project, a senior development authority R
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There are apprehensions about the response after prospective bidders complained about the quality and amount of data being made available on the fields that have been put on offer, sources privy to the development said.
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Land ownership, a subdued market as well as restrictive end use norms imposed by states in the bidding are some of the reasons for lack of interest shown by the industry towards participation in the mines auction
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Meanwhile, the state government has constituted a committee under Development Commissioner U N Behera to smoothen the auction process.
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At present the company is planning to bid on six projects, starting from December 2015, after Hunan completes the project analyzation.
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State-run Power Grid, Sterlite, Essel and Adani are in the fray for two power transmission projects worth Rs 8,100 crore as they have submitted their financial bids.
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Early this month, the government had put on block 69 marginal oil and gas fields, which have been pending for development since the 1970s.
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At the close of the 27th day of bidding for the e-auctions of the private radio FM Phase III expansion, 96 channels in 56 cities became provisional winning channels with cumulative provisional winning price of about Rs 1,155 crore.
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The Auction for the first batch comprising 135 FM Channels in 69 existing cities of Phase II began on July 27, 2015.
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Account for costs such as legal dues, taxes not paid, dues to housing society while bidding for a property in auction
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Red Fort Capital and Prestige earn approximately Rs 125 crore annually as rentals from the business park.
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In an interview with CNBC-TV18, COAI head Mathews says tariffs could rise post the auctions as telecom players try to pass on higher spectrum cost to consumers.
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In less than a week, auctions of 11 blocks for the power sector have netted around Rs 60,000 crore. In all, 204 coal blocks will be auctioned in a phased manner, following the Supreme Court‘s order canceling the earlier allocations.
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Making his oft-repeated argument, Bharti Enterprises chief Sunil Mittal said the telecom industry continues to face too much competition and unless M&A rules are streamlined, consolidation may be slow to set in.
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The states interested for this solar power will have to identify land and power requirement and power developers will have to bid for the projects.
