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Regulator to avert 'irrational bids' in 4th round A string of irrational bids it received during the third round of bidding for city gas distribution has led the Petroleum and Natural Gas Regulatory Board (PNGRB) to avert its possible recurrence in the fourth round.
The regulator’s move comes in the wake of complaints from a few players that almost all the bidders — in a bid to score more marks in the third round of bidding process for
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