USC not walked out of RNEL bidding

In connection with the incorrect information published on thehindubusinessline.com on October 8, 2020 (https://bit.ly/2JEHjm7), stated that the Russian company United Shipbuilding Corporation (USC) allegedly decided to exit the bidding procedure for purchasing the Reliance Naval and Engineering Ltd. (RNEL)’s Shipyard, we would like to clarify – the USC have never officially indicated its refusal to participate in the tender.