RE: Beware14 Oct 2020 14:31
It's all been held jake, India now don't want Chinese involvement in anything. The main aspects in all this for me are, firstly the contract was awarded to L&T/ CC then withdrawn as they could source cheaper. That in itself requires a complete lack of trust, but there you go. The Chinese offer was accepted, this is in the middle of Modi's ' Made in India ' campaign, and it was agreed at a far reduced rate. It also clearly works.
So, it may come back, as originally placed, but costs will have to be agreed lower than they won at. Had L&T not waved the Chinese flag, this would be done and dusted. I am sure one or two think CC would be inside whatever meter gets installed. I hope that doesn't start White Label man off.