I was following this TCAS system for few years and the limited approved vendor list was the reason I invested big in kernex and got good returns out of hype. But I think looking at the size of tcas projects 3 or 4 companies would not be sufficient to cater to the size of railways. As soon as these projects pick up pace many others would start joining it I guess just like the NHAI projects.
Coming to this specific project found this on ECR site.
According to this all three approved vendors and Ashoka buildcon competed for the tender. It’s possible for tie up but if all these companies are competing in tender I don’t see a reason why any of them would tie up with Ashoka.
I’m still digging into how they got the tender but looks like sooner or later many players would enter the game as tcas system matures. It’s still in very nascent stage. At that point more than the initial approved vendors, those who can finish large projects efficiently and quickly will be benefited more.
Disc: not invested in any of the above mentioned in last 6 months
Subscribe To Our Free Newsletter |