ORDER :

Arup Kumar Goswami, J.

Heard Mr. Ashish Anand Barnad, learned counsel for the petitioners. Also heard Mr. Vaibhav Shukla, learned counsel for the respondents No. 1 & 2.

2. The 3 (three) petitioners formed a joint venture by the name and style of ‘M/s Gayatri Mining and Logistics JV’ (herein after referred to as the JV) and had responded to an e-tender notice, hereinafter referred to as NIT, bearing No.SECL/BSP/CMC/e-Tender/473 for hiring of Heavy Earth Moving Machinery (HEMM) and allied equipment for Over Burden Removal, loading in to tippers, transportation & unloading of excavated materials & silt, dumping, dozing, scrapping / removal of all bands, preparation / maintenance of haul road, water sprinkling and spreading of excavated material at the site shown & levelling dumps as per direction of the Management / Engineer-in-charge for a period of 1795 days at Amadand OCP, Jamuna Kotma Area.

3. The estimated value of the tender is Rs.2455,40,47,830.00 (Two Thousand Four Hundred & Fifty Five Crore Forty Lacs Forty Seven Thousand Eight Hundred and Thirty Only).

4. The techn