I agree, they need to deliver a few big ticket items so that the...

I agree, they need to deliver a few big ticket items so that the project is seen to be moving ahead. Letters of interest and MOU's won't cut it anymore, fine 2 years ago, but not today. Getting the ERD approved would be a big step, as well as securing BOA's with Tata/Delectric or whoever. I presume finance can't happen until the updated financial model is released. That's now 10 months late in my book. I can't see how they can be appointing preferred tenders whilst still not releasing the updated financial model, and also not finalising all of the above.

All IMHO, DYOR