True: The Mumbai Metropolitan Region Development Authority (MMRDA) has cancelled the bidding process for monorail rakes received from two Chinese companies.

The MMRDA has canceled the bid for sourcing ten monorail rakes from two Chinese companies and is currently looking for Indian technology partners. The Mumbai Metropolitan Region Development Authority (MMRDA) canceled its bids to manufacture monorail rakes received from two Chinese companies- CRRC Corporation Ltd and BYD Co Ltd. The contract, roughly worth Rs 500 crore involved design, manufacture, supply, testing and commissioning of ten monorail rakes for the Jacob Circle-Wadala-Chembur monorail line. MMRDA metropolitan commissioner RA Rajeev said the companies had been constantly seeking revisions in the terms and conditions. He said MMRDA will look for technology partners in India.