With reference to the news item appearing in a leading financial daily titled "MSK Projects beats REL, Gammon for Rs 480-cr MP Project", MSK Projects India Ltd has clarified that the above work has been quoted by the Consortium Company comprising of Ourselves i.e. the Company, M/s. Chetak Enterprises Pvt Ltd and BSBK Pvt Ltd.
The price bid has been opened on January 25, 2007 in which the Company's bid is the lowest.
The work is yet to be awarded.