Government of India is happy to see aggressive
mood of the industrialists in the bidding and is expecting to cover the loss of
Rs 1.86 lakh crores as estimated by CAG. For instance Reliance Cement’s bid of
Rs 1,402 per tonne which has been more than the base price by nine times. Also
in the case of Talabira – I block GMR energy bid for Rs 402 per tonne which is
four times the base price of Rs 100 per tonne. Such an enthusiasm in the
bidding process has encouraged the government and has given hope that the
amount of revenue to be generated from such bidding to be more than the loss estimated
by CAG.
No comments:
Post a Comment