|
|
Article: India : UP sugar mills privatisation: Bidding deferred to mid-Sept.
- Article from:
- TendersInfo
- Article date:
- September 2, 2009
CopyrightCOPYRIGHT 2009 Al Bawaba (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Byline: Mamta03
Besides, the date for filing the financial bids for 11 Sugar Corporation units has also been extended from August 31 to September 7.
Official sources told Business Standard that the interested parties would be told about the expected price of these units by next week.
Since, there is marked disparity between the prevailing circle and market rates of land occupied by these units depending upon location, the expected price would be higher than the reserved price.
The government is following the Swiss Challenge Method (SCM) for the bidding process to secure higher price for the units on block. Last year, the state ...