Lucid Thoughts
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Don't buy chinese maal.
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In government tenders unfortunately L-1 bidder has to be placed an order. Reliance has a very bad habit of cutting corners and perhaps this is what shows in the project it has executed.The Lowest bidder isn't always the logical option.
Just wondering, are you in mobility sector working for Siemens or Alsthom?I wonder if I'll get to work on a Metro Project.......
Very well put. Even Reliance Infra's power plants (UMPP) has imported a great deal of equipment from Chinese companies. Now its not that all material from China is inferior, but (as i said above), Reliance cuts corner in all its projects, which ultimately reflects on quality.Mumbai metro has used Chinese rakes (all imported) because the Anil Ambani Group - which is the developer - is in hock to the Chinese banks for its other companies. In every other case - Delhi, Chennai, Hyderabad, Bangalore, Kochi etc - the rakes are being built in India either by BEML or by Bombardier (plant in Vadodara) or Alstom (plant located in TN I think).
Mumbai metro showcases the business practices of the Chinese - Chinese banks make cheap loans and these loans are used to fund projects which in turn use shoddy Chinese equipment. In case of power sector also, some power plants bought China made turbine generators - and these plants have a markedly inferior performance vis a vis BHEL or other equipment makers. I don't think any serious power company now orders equipment from China any more.
In new infra projects, authorities do study the financing mode for the project, especially where foreign equity or loans are involved. In some strategic areas, this is outright rejected, if it becomes apparent, that foreign capital can affect the project.The government should put in place proper procurement rules to ensure that crappy manufacturers don't ride in on cheap loans.