Was it a Raid? Or was it a Search? Or was it just a routine inspection? At the end of the five-day operation by the Income Tax department at the premises of Megha Engineering Infrastructure Limited and residence of its promoter Krishna Reddy, no one is any the wiser. When the operation began, MEIL issued … Continue reading 5-day `routine inspection’ at Megha group raises eyebrows
Tag: polavaram
Is all not well between BJP and YSRCP?
All does not seem to be well between the YSRCP and the BJP in Andhra Pradesh. And two developments in the last few days are a clear pointer to how the BJP is taking its role as an opposition party in the state rather seriously. This despite not having a single MLA or MP from … Continue reading Is all not well between BJP and YSRCP?
The Megha book of doing business. From YSR to Naidu to KCR to Jagan
In the first decade of this century, when the Congress led by YS Rajasekhara Reddy was in power in United Andhra Pradesh, Megha Engineering and Infrastructure Pvt Limited was seen as the most favored firm, one that would invariably bag the irrigation and other infrastructure projects. Krishna Reddy was close to KVP Ramachandra Rao, the … Continue reading The Megha book of doing business. From YSR to Naidu to KCR to Jagan
Jagan saves another Rs 780 crore after re-tendering Polavaram project
After saving Rs 53 crore by doing a reverse tender in the Polavaram Left Connectivity Works, now the YS Jaganmohan Reddy government claims it has saved another Rs 629 crore for the Andhra Pradesh exchequer by doing the same in the case of the Irrigation project's head works and the hydro power station. On Monday, … Continue reading Jagan saves another Rs 780 crore after re-tendering Polavaram project
Jagan saves Rs 58 crore in Polavaram project through reverse tenders
The proof of the pudding is in the eating. For Jaganmohan Reddy, the proof of the sensibility in going in for reverse tendering in different projects was in how much money he would be able to save for Andhra Pradesh. The YSRCP government claims it has saved Rs 58 crore of public money in Polavaram … Continue reading Jagan saves Rs 58 crore in Polavaram project through reverse tenders
Andhra High court shock to Jagan, suspends Polavaram order on Navayuga
https://www.youtube.com/watch?v=fGis8a-vydI In a major setback to the Jaganmohan Reddy government in Andhra Pradesh, the High court in an interim order has suspended the order that was issued by AP GENCO cancelling the contract of Navayuga Engineering Company limited (NECL) to construct the Polavaram Hydel Power plant. Last week, the Andhra Pradesh government alleging irregularities in … Continue reading Andhra High court shock to Jagan, suspends Polavaram order on Navayuga
Jagan ignores Centre’s advice, orders reverse tenders on Polavaram
In what is certain to adversely affect relations between the Centre and the Andhra Pradesh government, Jaganmohan Reddy has gone ahead with issuing the notification for reverse tendering of the Polavaram project for works worth Rs 4900 crore. This includes headworks worth Rs 1800 crore and hydel project work worth Rs 3100 crore. Significantly, the … Continue reading Jagan ignores Centre’s advice, orders reverse tenders on Polavaram
[Video] Decoding the BJP strategy in Andhra Pradesh
https://www.youtube.com/watch?v=yTQ92U69CMo Something interesting is happening on the Andhra Pradesh political landscape and this involves the BJP which does not have a single MLA or MP in the state. On 16 August, it has decided to organise a protest programme against the YSRCP govt in Gurazala in Guntur district. That's surprising because the Jaganmohan Reddy government … Continue reading [Video] Decoding the BJP strategy in Andhra Pradesh
First Polavaram, now Machilipatnam. Why is Navayuga losing projects?
The cancellation spree continues in Andhra Pradesh. After Polavaram, this time the Jaganmohan Reddy government has cancelled the Machilipatnam Port Private Limited Concession agreement to develop a deepwater port in Machilipatnam in Krishna district. It has also asked for the company to return the 412.57 acres of land that was handed over to it. This … Continue reading First Polavaram, now Machilipatnam. Why is Navayuga losing projects?
Jagan shocked by Naidu’s alleged splurge, refuses to clear bills
The Government of Andhra Pradesh has bills worth Rs 38000 crore on its table that it needs to clear. This is the legacy Chandrababu Naidu has left it with, say sources in the Jaganmohan Reddy government. Rs 10000 crore has been classified by the new government as ``unnecessary and wasteful expenditure'' incurred by its predecessor. … Continue reading Jagan shocked by Naidu’s alleged splurge, refuses to clear bills
Centre unhappy with Jagan’s decisions
YS Jaganmohan Reddy's intention is to expose the corruption that allegedly took place in various projects during the Chandrababu Naidu regime in Andhra Pradesh. But in an attempt do so, he seems to be upsetting the Centre much more. The latest is his decision to cancel the contract to Navayuga, one of the firms working … Continue reading Centre unhappy with Jagan’s decisions
Jagan alleges TDP loot in Polavaram, promises disclosures
Amaravati done, Polavaram next. That's the messaging from the YSRCP government in Andhra Pradesh. With the World Bank funding for Amaravati scrapped after the Centre said no to its wish to conduct a probe into allegations of irregularities in the capital region project, Jaganmohan Reddy has now promised fresh disclosures on alleged corruption in the … Continue reading Jagan alleges TDP loot in Polavaram, promises disclosures
Jagan’s 2016 protest puts him in a fix in 2019
On 2 May 2016, Telangana chief minister K Chandrasekhar Rao laid the foundation stone for the Kaleshwaram Irrigation project. It envisaged providing water to 30 lakh acres in Karimnagar, Warangal, Adilabad, Medak and Nizamabad districts. Two weeks later, Jaganmohan Reddy, then the Leader of the Opposition in Andhra Pradesh sat on a three-day deeksha to … Continue reading Jagan’s 2016 protest puts him in a fix in 2019
Under Jagan, Andhra Pradesh is `changing’
https://www.youtube.com/watch?v=4sncVEDDRIw Watch analysis of the story on our YouTube channel, Filter Kaapi Andhra Pradesh is changing. Literally. And the change began on 30 May when YS Jaganmohan Reddy took oath of office at the Indira Gandhi Municipal stadium in Vijayawada. The first file the new chief minister signed was to increase the pension amount to … Continue reading Under Jagan, Andhra Pradesh is `changing’