New Delhi, May 30 -- In a relief for engineering and construction giant Larsen & Toubro Ltd (L&T), the Mumbai Metropolitan Region Development Authority (MMRDA) informed the Supreme Court on Friday that it has decided to scrap the Rs.14,000 crore tender process in which it had disqualified the company.
"We are scrapping the tender," senior advocate Mukul Rohatgi, representing MMRDA, told the court.
A Supreme Court bench led by Chief Justice B.R. Gavai accepted MMRDA's decision to scrap the entire tender process for two major infrastructure projects. "It is fairly stated that the entire tender process is scrapped in larger public interest. Thus, the plea is disposed of as infructuous," the court ordered. The bench then closed L&T's plea....
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