congress PARTY' target='_blank' title='ysr congress-Latest Updates, Photos, Videos are a click away, CLICK NOW'>ysr congress Leaders are boasting day in and day out that the congress PARTY' target='_blank' title='ysrcp-Latest Updates, Photos, Videos are a click away, CLICK NOW'>ysrcp government is saving hundreds of crores of public money in each project by going for the ‘reverse tendering’ method. We have seen them saying they have saved 628 crores by going for reverse tenders for the construction of the polavaram project.
But then, there are reports that the government already approved a cost escalation for the new contractor, Megha Engineering and Infrastructure Limited (MEIL).
In the name of the increased price of sand and increase in GST, other taxes, cm jagan is learned to have approved payment of an excess amount of Rs 500 crore to contractor. The GO about the same is still awaited.
So, the tall claims of saving money are shortlived, the experts say. Megha Engineering Infrastructure Limited (MEIL) recently performed Bhoomi pooja at the Project Site and the work will begin very soon. They will begin the work by constructing an approach road. MEIL is the Sole Bidder for polavaram project in the Reverse Tendering. jagan government has set a target to complete the Project construction by 2021.
