According to sources, Maytas Infra has written to the Corporate Affairs Ministry requesting for support from the government agencies that have alloted various projects to it.
Maytas Infra Chairman K Ramalingam confirmed the development and said, “After Satyam, many clients, including the government departments, who awarded projects to us have become panicky. We have asked the Corporate Affairs Ministry to coordinate with government departments and support us.”
Choppy water
He said the company is commercially viable and with a little support, it can manage through choppy water. Ramalingam added that the company has written to various government departments, who had awarded projects to the firm, and asked them not to panic due to the multi-crore scam at Satyam Computer.
Many government projects related to irrigation, oil, power, building, etc in states like Andhra Pradesh, Maharashtra, Jammu and Kashmir have been awarded to the company.
Published 27 May 2009, 19:28 IST