Railway Ministry To Scrap Bids For 9,500 Wagons, Water Plants

Railway Ministry To Scrap Bids For 9,500 Wagons, Water Plants

The railway ministry will cancel bids called for procuring 9,500 wagons and for setting up eight Rail Neer plants as it has found a lack of transparency in the tendering process.

The bids for these contracts have been submitted but not opened yet. A senior official said the ministry is also ordering a review of its entire tendering process and that it may scrap an invited tender if it finds an anomaly.

“There was a lack of transparency in tendering process of IRCTC’s Rail Neer factories, which would have led to setting up of sub-standard plants,” the official told ET. “All the ongoing tendering processes would be scrapped and new projects would be awarded only after we come up with a robust 100% transparent process.”  Read More…

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