Very nice post .
One of the bidder was WAPCOS ,it operates in 50+ countries with turnover of Circa 1500 cr (hope its the same company ,brief given below ).
- WAPCOS Limited is a prominent public sector enterprise in India that provides consultancy and engineering services.
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- Established in 1969 under the Ministry of Jal Shakti
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- Accorded “Mini Ratna-I” status by the Government of India
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- 100% owned by the Government of India with an authorized share capital of Rs. 200 crores
SMC infrastructure pvt ltd is part of J.Kumar-SMC JV, which recently won contracts worth Rs 1,823 crore from BMC and Navi Mumbai Municipal Corporation
Ceinsys being L1 bidder / winning such project definitely speaks about their “competitive edge “(and not only bcos of political connections )
Discl : Invested and views may be biased
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