As expected, the Jagan Reddy government has given the multi-crore Polavaram works to its most favoured company. PV Krishna Reddy of Megha Engineering got the reverse tender works. He quoted nearly 13 per cent less. While the government invited tender for Rs 4,987 Cr, Megha Krishna Reddy offered to take up the works at just Rs 4,358 Cr. These works include Polavaram Head Works, Earth cum Rockfill Dam and Hydel Project.
Jagan Circar blindly cancelled the previous ongoing contract works allotted to the Navayuga Engineering Company by Naidu Regime. There is also a court case pending. Even the Central Government took serious objection to Jagan decision.
Megha Krishna Reddy is the contractor for Telangana CM K Chandrasekhar Rao’s multi-crore Kaleswaram lift irrigation project. There are allegations that KCR had influenced Jagan to favour Megha.
