Don’t miss the latest developments in business and finance.

KCR "indulged in manipulation" in award of contracts:Cong

Image
Press Trust of India Hyderabad
Last Updated : Oct 15 2018 | 7:15 PM IST

Congress Monday alleged that TRS chief and caretaker chief minister K Chandrasekhar Rao "indulged in manipulation" in awarding contracts for construction of various projects, mostly irrigation in Telangana, resulting in only two engineering firms getting contract works worth Rs 77,000 crore.

The Telangana Rashtra Samithi (TRS) has refuted the allegations.

Congress spokesperson S Jaipal Reddy alleged that one engineering company alone bagged contracts worth Rs 60,000 crore for irrigation and drinking water projects while another company got contracts of Rs 17,000 crore in irrigation sector.

"These two companies together got contract works worth Rs 77,000 crore in a short period of four years," the former union minister told reporters here.

"It was made possible because KCR (as Rao is popularly known as) manipulated, orchestrated the award of contracts to them (the two companies). In normal process, it is not possible," Reddy said
"We will also see that the companies involved are also punished."
I want only one favour from KCR...let him question the facts and figures. I throw a frontal challenge to the TRS government. I challenge them to reject the figures."
Reacting to Reddy's allegations of manipulation in awarding contracts, TRS MP B Vinod Kumar said, "not at all."
He said the project costs might have increased because of expanding or redesigning those projects "but they will also irrigate large areas."

Disclaimer: No Business Standard Journalist was involved in creation of this content

More From This Section

First Published: Oct 15 2018 | 7:15 PM IST

Next Story