SC admits REL plea on Mumbai sea link project | business | Hindustan Times
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SC admits REL plea on Mumbai sea link project

business Updated: Aug 01, 2007 13:16 IST

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The Supreme Court on Wednesday admitted a petition filed by Reliance Energy challenging its disqualification from the bidding process for the Rs 2,600 crore sea link expressway between Mumbai and Navi Mumbai.

A consortium led by Anil Ambani-controlled REL had challenged the Maharashtra State Road Development Corporation's decision to disqualify it from participating in the bidding process as its consortium partner Hyundai Engineering and Construction Company did not meet the Rs 200 crore net worth norm.

On Tuesday, a bench headed by Justice Arijit Pasayat deferred the hearing for Wednesday.

Mukesh Ambani-led Sea King Infrastructure is the front-runner for the project.