Maytas Infra in a position to execute projects: Khurshid

NEW DELHI: Asserting that Hyderabad-based Maytas Infra is in a position to execute projects, Corporate Affairs Minister Salman Khurshid on Sunday said the government's intention is to see that the company is back on its feet.

The minister in an interview to a private news channel said that Maytas Infra is "in a position to execute such projects" and added the government wants "the company to get back on its feet".

"We will ... see that their (Maytas Infra) projects don't need to be cancelled," he said.

On the company looking for a strategic partner, Khurshid said the matter would have to be decided by its directors.

"They might want to find a strategic partner but that's a decision that directors have to take ... They also now have to learn from Satyam to see if there are further steps they need to take ... the directors have to decide," he said.

According to him, the government did not help Satyam in finding a strategic investor.

"The government did not help Satyam to get a strategic partner... we can't help in their (Maytas Infra) getting a strategic partner," Khurshid said.

Maytas Infra is promoted by the kin of Satyam founder B Ramalinga Raju.