The Indian Competition Authority fines 10 companies for bid rigging in coal and sand transportation tenders (Western Coalfields Limited / SSV Coal Carriers)

CCI imposes penalty for bid-rigging in coal transportation auctions* The Competition Commission of India (’CCI’) vide order dated September 14, 2017 has imposed penalty of almost INR 12 Crore on 10 entities namely SSV Coal Carriers Pvt. Ltd (OP-1), Bimal Kumar Khandelwal (OP-2), Pravin Transport (OP-3), Khandelwal Transport (OP-4), Khandelwal Earth Movers (OP-5), Khanduja Coal Transport Co. (OP-6), Punya Coal Road Lines (Op-7), B. Himmatlal Agrawal (OP-8), Punjab Transport Co. (OP-9) and Avaneesh Logistics Pvt. Ltd (OP-10) for rigging bids in coal and sand transportation tenders. The Informant, Western Coalfields Ltd., filed the information before the CCI pursuant to quoting of identical bids by the OPs in four tenders floated by the Informant for coal and sand transportation

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  • Vaish Associates, Advocates (New Delhi)

Quotation

Man Mohan Sharma, The Indian Competition Authority fines 10 companies for bid rigging in coal and sand transportation tenders (Western Coalfields Limited / SSV Coal Carriers), 14 September 2017, e-Competitions Bulletin September 2017, Art. N° 87512

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