Adani Group to provide IPL bidding papers

Mumbai, Apr 21 (ANI): The Adani Group said on Wednesday that it would submit its bidding papers for the Indian Premier League (IPL).

In a statement issued here, the Adani Group said the bidding papers are not missing and that they have a copy, which can be scrutinised.

"The copies of the bid documents submitted by us have been retained by us and we are ready to provide the same to the authorities as we are perfectly on the right side of the law," the group's statement said.

The statement said the documents were returned unopened as the first round of bidding was cancelled.

"The first round of bidding was cancelled. Therefore the bid documents were returned to the respective bidder unopened. This is normal practice to maintain confidentiality as the bidding itself was cancelled," the statement said.

"The documents of the second round from all bidders were opened at the ceremony and were retained by IPL. It is a normal practice to dispose off the bid documents from unsuccessful bidders after specified time, in-line with the guidelines framed by the organization, normally after the validity of the offer expires, in this case by IPL," it added.

Earlier, reports had emerged suggesting that the bidding papers of the Adani Group were missing and that income tax officials were on the look out for them.

There have been allegations that when the first round of bidding took place, papers were tweaked to favour of Venugopal Dhoot of Videocon and the Adani Group. (ANI)