The competition watchdog has held PMP Infratech and Rati Engineering guilty for rigging a tender floated by state-run natural-gas company GAIL in 2017-18 for the restoration of well sites located in Gujarat.
The Competition Commission of India imposed a penalty of Rs 25 lakh on PMP, Rs 2.5 lakh on Rati and Rs 1 lakh and Rs 50,000 on the individuals who managed and controlled the firms, besides passing a cease-and-desist order, an official statement said.
