Bulletin Updates

New boss at EIL-II: She will have to get the pricing right – 1 Sep 2021

Sep 01, 2021

Even as Vartika Sukhla takes charge, this is one EPCM project where the company got the pricing all wrong

Its quote was 2.6 times that of the L-1 bidder

Then in another EPCM bid, EIL's performance is even worse.

The new CMD will need to get the pricing right, both for EPCM and future EPC projects, because establishment cost of EIL is higher than its more agile private sector counterparts.

But, given a nationalistic government in power, will she be able to grab some projects on a nomination basis?

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