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India-China standoff: MMRDA cancels tender worth Rs 500 crore with 2 Chinese firms

ET Now | 20 Jun 2020, 10:51 PM IST

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Town planning authority MMRDA has scrapped the bidding process for sourcing 10 rakes for the Jacob Circle-Wadala-Chembur monorail project wherein two Chinese firms had expressed their interest to supply the rakes, saying the companies were "dictating" terms.

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