Unfortunately the Rajasthan Govt seems to have cancelled this tender on 27th Oct citing “No bidder having qualified technical bid requirements” as the reason.
Attaching the cancellation notification.
TCN.pdf (53.1 KB)
Another potential growth trigger for Krsnaa gone.
I am surprised that Krsnaa was found wanting in technical aspects? Is it possible that the RJ Govt. re-thought the entire initiative or looked at Krsnaa’s bid unfavourably due to the IT raids? We can only speculate.
Definitely a question to Management in this Q concall.
Disc : Invested with a small position
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