Suspense Continues over Swiss Challenge

Andhra Pradesh government had approached Hyderabad High Court challenging the stay issued on the Swiss Challenge method adopted by the State government for the development of 6.84 square km start-up area in Amaravati capital city on Public Private Partnership (PPP) mode a little while ago.

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AP advocate approached the high court to admit the petition as Lunch Motion Petition but the high court refused to admit it and so the government will have to go for an appeal now. This appeal may be taken up by the high court tomorrow and the court will look into AP government’s objection.

A couple of days ago, Hyderabad High Court had issued a Stay on the Swiss Challenge Method and posted the next hearing on October 31st, on the complaint of two companies. The last date for submitting the counter tenders for the project is complete by Tuesday. In the wake of the stay, CRDA did not open the tenders.