Parwanoo barrier fetches record Rs 13.5 crore

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The Excise and Taxation Department auctioned lucrative Parwanoo barrier at Rs 13.5 crore that is around 68.88 per cent higher against the reserve price that was fixed at Rs 8 crore. Ramesh Arora begs contract for the three barriers including Tipra-Timber Trail barrier that was included in the auction for the first time, along with Parwanoo and sector-4 barriers.