On Chinese Firm Winning Delhi-Meerut Rapid Rail Project, An Asian Development Bank Angle

Monday, 4 January 2021Newsdesk
On Chinese Firm Winning Delhi-Meerut Rapid Rail Project, An Asian Development Bank Angle
A Chinese firm has won a contract for the Delhi-Ghaziabad-Meerut Rapid Rail Transit System Corridor -- a first in the months since the stand-off between the two nations in Ladakh. Government sources said the project is funded by the Asian Development Bank, whose guidelines clearly mention that vendors from all member countries are eligible to participate in the bidding and there cannot be any discrimination.

New Delhi, 04 January 2021

As per news report of NDTV, sources said Shanghai Tunnel Engineering Corporation won the Rs. 1,000-plus crore contract as it was the lowest bidder and fulfilled all the criteria for the project, which is being looked after by the Urban Development and Housing Ministry.

Source -NDTV


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