BHEL, BEML and one other Indian company express interest in Mumbai monorail projects

Last month, the Mumbai Metropolitan Region Development Authority (MMRDA) scrapped the Rs 500 crore contract for sourcing 10 rakes for the Jacob Circle-Wadala-Chembur monorail project wherein two Chinese firms had expressed their interest to supply the rakes, stating that the companies were "dictating" terms.

from Markets-Economic Times https://ift.tt/2VKfBYp