Defence ministry rejects L&T's bid, non-compliance in Navy's 70,000 cr project

Defence ministry rejects L&T's bid, non-compliance in Navy's 70,000 cr project

IndiaTimes

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The Defence Ministry has rejected Larsen and Toubro’s bid for the Rs 70,000 crore tender under the Navy’s Project 75 India initiative due to non-compliance with Indian Navy requirements, leaving Mazagon Dock Shipbuilders Limited as the sole contender with Germany’s ThyssenKrupp Marine Systems.

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