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IOC tender cancelled after bids come in: Rap on Vaidya for the mess – 16 Dec 2021

Dec 16, 2021

Even the Project Management Consultant was taken aback when after submission of bids, Indian Oil Corporation Ltd, decided to pull cancel the contract.

No explanations were given, leaving the bidders miffed, even stunned

After decades of experience in running projects, both the chairman Shrikant Madhav Vaidya and the project team in New Delhi's Scope Building came in for intense criticism

Permission was taken from the very top bosses for cancellation

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