India: RGPPL Plans to Cancel Rs95 Crore Dredging Contract Awarded to Gammon India Ltd

The board of cash-strapped Ratnagiri Gas and Power Pvt. Ltd (RGPPL) plans to cancel a Rs95 crore dredging contract awarded to Gammon India Ltd (GIL) at its liquefied natural gas (LNG) terminal in Dabhol, Maharashtra, when it meets on 7 April…

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Source:mint,April 7,2010;