4 months ago
2
HYDERABAD
Senior person of the Bharat Rashtra Samithi (BRS) and erstwhile curate T. Harish Rao has demanded a judicial enquiry into the large-scale irregularities, argumentation manipulation and fiscal losses successful Singareni Collieries Company Ltd during the Revanth Reddy authorities by a sitting justice oregon by CBI.
In a missive addressed to Union Minister of Coal G. Kishan Reddy connected Friday, helium stated that a bid of sedate and systematic irregularities were continuing successful SCCL and they indicated a deep-rooted nexus involving governmental influence, manipulation of tendering processes, intimidation of officials and monolithic fiscal nonaccomplishment to the cardinal State PSU.
He alleged that instauration of the tract sojourn certification information was arbitrary and against just tendering norms arsenic it appears deliberately designed to destruct genuine contention and favour prime politically connected bidders. The deliberate reversal of competitory outcomes had caused immense avoidable losses to SCCL arsenic respective tenders were awarded antecedently astatine (minus) -7% to -10% and successful immoderate cases -20% (bids little than the estimates), but they were cancelled without immoderate method oregon fiscal default.
The works were aboriginal re-tendered with the caller tract sojourn information and were awarded astatine +7% (excess) to +10% successful stark opposition to nationalist norms wherever the overburden tenders usually reason astatine -10% to -22%, helium explained.
The BRS person alleged superior irregularities successful tenders of 107 megawatt capableness star powerfulness plants successful SCCL, by rendering MSMEs ineligible to enactment successful tenders and making tract sojourn certificate a condition. Against the nationalist mean of ₹3-4 crore per MW arsenic star powerfulness improvement costs, 3 contracts were awarded astatine ₹5.04 crore, resulting successful excess load of ₹200 to ₹250 crore.
Similarly, different 67 MW star works astatine Ramagundam was awarded astatine ₹7.16 crore per MW causing different ₹200 to ₹250 crore nonaccomplishment to SCCL. Together, the caller star powerfulness projects of Singareni magnitude to a nonaccomplishment of astir ₹500 crore. In the substance of explosives proviso contract, the finalised rates were 30% higher than those successful Coal India. As Director G.V. Reddy refused to o.k. the inflated rates, helium was allegedly forced to resign and different Director, N.V.K. Srinivas, who refused to motion the approvals, was demoted arsenic General Manager.
There were irregularities successful Prakasam Khani opencast and diesel procurement tenders. The opening of fiscal bids of Srirampur OB enactment was besides postponed 7 times, helium pointed retired and added that irregularities were besides noticed successful the Jaipur powerfulness works tender.
