नमस्कार दोस्तों, In today's blog we will talk about a tender that India has given to Chinese company. What is this project? Where is this project? And why Indian govt has given this million dollar project to Chinese company at this time when India-China relations are not good.
India-China relations are not normal and have become awry due
to border dispute since May 2020, when Galwan valley incident happened. Our 20
soldiers have been killed by Chinese army. There were many campaigning for
boycott of Chinese products. Indian govt also banned many Chinese apps. Till
present date India-China relations have not become normal and army of both countries
is standing face to face on LAC. Even in such times, Indian govt gave tender to
Chinese company? We will discuss everything about the tender. Let's start with
me.
We are talking about Delhi-Meerut RRTS (Regional Rapid
Transit System). Semi-high speed train will run from Sarai Kale Khan, Delhi to
Modipuram, Meerut having 22 stations with total length 82.15 km. Total project
cost is approximately Rs 30274 crore and PM Modi laid the foundation stone of
this corridor on March 2019. Project is expected to complete till 2025. More
than half route will be elevated and rest of the route will be underground.
This whole controversy has been started
in Jun 2020; Indian govt took out the tender for an underground portion of 5.6
km in Jun 2020. Many companies submitted their bids, but the bid with lowest
cost came from Chinese company: STEC (Shanghai Tunnel Engineering Company). There
were many protests against Chinese company. Seeing all this, Indian government
put it on hold. But now Government has given tender to STEC and NCRTC
(Authority for Delhi-Meerut RRTS project) said: We have to follow some
procedures and guidelines. That's why tender is awarded to STEC.
Let's understand in short what are these procedures
and guidelines. In this project, Indian govt took 50% (approximately) loan from
international banks: ADB, NDB (BRICS Bank) and AIIB. Out of three banks, HQ of
two is in China and Chinese govt has influence on them. At the time of loan
approval, it has been decided that tenders will be given to company whose bid
would be lowest cost and there will be no discrimination while giving the
tender. Hence, tender has to be given to a Chinese company.
This is end of blog. Write in comment what do
you think?
Thanking you.
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