Business Standard

L&T says won Tipper trucks contract through bid

- PRESS TRUST OF INDIA New Delhi, 9 September

Larsen & Toubro (L&T) today said it supplied Scania tipper trucks to Coal India arm BCCL after winning contract in 2013 and would respond to CBI, which filed a case against the company, if approached.

The CBI yesterday had filed a case against former CMD of Bharat Coking Coal Limited (BCCL) T K Lahiry and other former senior officers of the company in the purchase scam of 100 tippers in 2013 at an “exorbitant cost” which allegedly resulted in wrongful gains of ~97 crore to Larsen and Toubro.

“L&T has become aware of this matter through media reports. In March 2013, as exclusive distributo­rs of Scania Tipper Tucks in India, L&T had participat­ed in an open tender process on behalf of Scania Commercial Vehicles India Limited for supply of 100 units of 35 Tonne type Tipper trucks to BCCL,” the engineerin­g conglomera­te said in reply to the query in this regard.

It said L&T’s bid was found to be the most competitiv­e in price (L1) among a total of three bids, based on which an order was placed on L&T and Scania Commercial Vehicles India.

“We will respond appropriat­ely with all necessary facts when approached by any investigat­ion agency,” L&T said.

In its FIR, the CBI has also booked the then directors Ashok Sarkar, Dinesh Chandra Jha, General Managers A N Sahay, S K Panigrahi, Barain Sinha, G Upreti, A K Gangopadhy­ay, and Larsen and Toubro Pvt Ltd.

It is alleged that the accused persons in pursuance of the criminal conspiracy between 2012 and 2013 had approved the purchase of 100 tippers, a kind of heavy duty truck, for an estimated cost of ~383 crore for replacing existing dumpers.

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