Maytas Infra says ministry has asked PGCIL to release funds
Hyderabad-based Maytas Infra today said that the Ministry of Corporate Affairs has asked state-run Power Grid Corporation of India (PGCIL) to allow the infrastructure firm continue work on two projects it had bagged earlier and also release the required funds. However, Maytas is awaiting a response from the Power Grid board, which is expected to take a decision shortly, it said in a statement. Maytas Infrastructure at present has a order book worth Rs 8,000 crore.12 month personal loans commented:
Maytas is awaiting a response from the Power Grid board, which is expected to take a decision shortly.
21.09.2011
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I hope Maytas will receive the refunds immediately.
14.11.2011
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Maytas is a great firm. I know they will make the right decision.
15.11.2011
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I agree. It will be Mayta\'s advantage if they close the deal. I can\'t imagine the amount of money they\'ll get from the projects!
15.11.2011
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Many firms nowadays have difficulties especially those in America.
15.11.2011
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They\'re experts in that kind of situation. They can handle it for sure.
16.11.2011
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Hope funds will be releases as soon as possible.
16.11.2011
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Each firm has that kind of situation. It only depends on the management on how to handle it.
18.11.2011
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Maytas surely will find any suitable solution for this thing.Its nice that you shared this informative article with us.
25.11.2011
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27.11.2011
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27.11.2011
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27.11.2011
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28.11.2011
Payday Loan commented:
Its good if they have been allowed to work on 2 new projects but their record must be checked of order book .Its great that you shared the informative article with us.
07.12.2011
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Looking for the release funds was a big deal for our belongings.
19.12.2011
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I hope funds would be released as soon as possible.
02.01.2012
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02.01.2012
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06.01.2012
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The power is in their hands. i just hope they will end up to the right decision. More power. steel bridge
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11.01.2012
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11.01.2012
Property Investment Australia commented:
Hyderabad-based Maytas Infra today said that the Ministry of Corporate Affairs has asked state-run Power Grid Corporation of India (PGCIL) to allow the infrastructure firm continue work on two projects it had bagged earlier and also release the required fund
13.01.2012
Single Family Offices Asia commented:
I think Maytas will get positive response from Power Grid board.This firm will really do magic by their work .
13.01.2012
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13.01.2012
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19.01.2012