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Kiru power project: Pan-India CBI raids over Rs 2200 crore civil works contract allotment

LCT Desk by LCT Desk
April 22, 2022
in Top News
Reading Time: 1min read
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Nasir Azam

Srinagar, Apr 21: The Central Bureau of Investigation (CBI) on Thursday carried out pan- India raids to probe the malpractices in the allotment of Rs 2200 crore civil works contract of Kiru hydroelectric project to Patel Engineering Limited by the Chenab Valley Power Projects Private Limited (CVPPPL) in 2019.
The CBI Thursday conducted searches at 14 locations including at Jammu, Srinagar, Delhi, Mumbai, Noida, Trivandrum (Kerala) and Darbhanga (Bihar) to probe allegations of malpractices in allotment of civil works contract of Kiru power project.
The searches were carried out by the sleuths of CBI at residences of accused including Navin Choudhary, who was then chairman CVPPPL, and others named in the FIR.
The CBI has registered FIR against Choudhary, MS Babu(then managing director CVPPPL), Arun Kumar Mishra(then director CVPPPL), Patel Engineering Limited and unknown others after J&K government recommended an inquiry into it.
Based on reports of the Anti-Corruption Bureau and J&K’s Power Development Department, the J&K government last month wrote to the CBI to probe allegations of malpractices in allotment of the contract.
The perusal of these reports reveals that guidelines regarding e-tendering were not followed while awarding civil works package of Kiru hydroelectric project.
In the 47th Board of Directors (BOD) meeting of CVPPL it was decided to re-tender works through e-tendering with reverse auction after cancellation of ongoing tendering.
But in the 48th meeting, the decision was not implemented and the contract was awarded to Patel Engineering Limited.

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